Sec. 131.062. SUPPLY AND SALE OF ELECTRICITY BY STREET, SUBURBAN, OR BELT LINE RAILWAY


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  • A corporation organized under the general laws of this state that owns or operates with electric power any street or suburban railway or belt line of railways in and near a municipality for the transportation of freight and passengers within this state may:

    (1) supply and sell electric light and power to the public or a municipality;

    (2) acquire or otherwise provide appliances necessary for an activity authorized by Subdivision (1); and

    (3) in the manner provided by law, amend its articles of incorporation to expressly include the authority under this section.

Added by Acts 2009, 81st Leg., R.S., Ch. 85 , Sec. 2.03, eff. April 1, 2011.