Tex. Util. Code § 102.053
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A gas utility may not loan money, stocks, bonds, notes, or other evidence of indebtedness to a person who directly or indirectly owns or holds any stock of the gas utility unless the gas utility reports the transaction to the railroad commission within a reasonable time.
Tex. Util. Code § 102.053