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Terms Used In Texas Utilities Code 121.208

  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005

Not later than the 30th day after the date the railroad commission’s decision or order imposing an administrative penalty becomes final as provided by § 2001.144, Government Code, the person charged with the violation shall:
(1) pay the penalty in full; or
(2) if the person seeks judicial review of either the amount of the penalty or the fact of the violation, or both:
(A) pay the penalty to the railroad commission for placement in an escrow account; or
(B) give to the railroad commission a supersedeas bond in a form approved by the railroad commission for the amount of the penalty that is effective until all judicial review of the order or decision is final.