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Tex. Utilities Code § 54.255

TRANSFER OF CERTAIN CERTIFICATES

Texas · Texas Utilities Code · Status: effective

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Tex. Utilities Code § 54.255, TRANSFER OF CERTAIN CERTIFICATES, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/577197
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(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.