Texas Utilities Code 39.3545 – Registration of Political Subdivision Aggregators
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(a) A political subdivision aggregator may not provide aggregation services in the state unless the political subdivision aggregator registers with the commission.
(b) In this section, “political subdivision aggregator” means a person or political subdivision corporation authorized by two or more political subdivision governing bodies to join the bodies into a single purchasing unit or multiple purchasing units to negotiate the purchase of electricity from retail electric providers for the facilities of the aggregated political subdivisions or aggregation by a person or political subdivision under Chapter 304, Local Government Code.
Terms Used In Texas Utilities Code 39.3545
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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
(c) A political subdivision aggregator may register any time after September 1, 2000.