Texas Utilities Code - Section 54.255. Transfer Of Certain Certificates
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§ 54.255. TRANSFER OF CERTAIN CERTIFICATES. (a) A
telecommunications utility may sell, assign, or lease a certificate
of convenience and necessity or a certificate of operating
authority or a right obtained under such a certificate if the
commission determines that the purchaser, assignee, or lessee can
provide adequate service.
(b) The sale, assignment, or lease of a certificate or a
right is subject to conditions the commission prescribes.
Acts 1997, 75th Leg., ch. 166, § 1, eff. Sept. 1, 1997.
Section: 54.204 54.205 54.206 54.251 54.252 54.253 54.254 54.255 54.256 54.257 54.258 54.259 54.260 54.261 54.301
Last modified: August 10, 2007
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