Texas Utilities Code - Section 123.023. Contract For Natural Gas
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§ 123.023. CONTRACT FOR NATURAL GAS. (a) A supplier and
an agriculture energy user may by contract establish a price and
other terms of service for the furnishing of natural gas.
(b) A contract under this section must be negotiated in good
faith and the result of arm's-length bargaining between the
parties.
(c) Each party shall provide information and maintain
records as reasonably necessary for the contract.
(d) A price charged to an agriculture energy user under the
contract may not exceed the price charged to a majority of the
supplier's commercial users or other similar large-volume users.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.
Section: 122.203 122.204 122.205 123.001 123.002 123.021 123.022 123.023 123.024 124.001 124.002 161.001 161.002 161.003 161.004
Last modified: August 10, 2007
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