16 Tex. Admin. Code § 24.359 - Fines and Penalties
(a) Fines and
penalties collected under TWC, Chapter 13, from a retail public utility that is
not a public utility in other than criminal proceedings shall be paid to the
commission and deposited in the general revenue fund.
(b) The commission shall provide a reasonable
period for a retail public utility that takes over a nonfunctioning system to
bring the nonfunctioning system into compliance with commission rules, during
which the commission may not impose a penalty for any deficiency in the system
that is present at the time the retail public utility takes over the
nonfunctioning system. The commission must consult with the retail public
utility before determining the period and may grant an extension of the period
for good cause.
Notes
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