Law:Title 4. Delivery Of Utility Services. Subtitle B. Provisions Regulating Delivery Of Services from Chapter 183. Utility Deposits (Texas)

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Subtitle B. Provisions Regulating Delivery Of Services

Contents

Chapter 183. Utility Deposits

Section  183.001.  Definitions.

In this chapter:

(1)  "Commission" means the Public Utility Commission of Texas.

(2)  "Utility" means a person, firm, company, corporation, receiver, or trustee who furnishes water, electric, gas, or telephone service.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.



Section  183.002.  Interest On Deposit.

A utility that requires the user of a service to pay a money deposit as a condition to furnishing the service shall pay interest on the deposit from the time the deposit is made.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.



Section 183.003.  Rate Of Interest.

The commission each December 1, or the next regular workday if December 1 is a Saturday, Sunday, or legal holiday, shall set the annual interest rate for the next calendar year on deposits governed by this chapter at the average rate paid over the previous 12-month period on United States treasury bills with a 26-week maturity.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.

Amended by:

Acts 2005, 79th Leg., Ch. 1320, Sec. 1, eff. September 1, 2005.



Section  183.004.  Interest Payment To Depositor.

A utility shall pay interest on the deposit to the depositor or the depositor's heirs or assigns annually on demand or sooner if the service is discontinued.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.



Section  183.005.  Return Of Deposit.

(a) When the service is discontinued, the utility shall return the deposit and any unpaid interest on the deposit to the depositor or the depositor's heirs or legal representatives.

(b)  The utility company may deduct from the amount returned under Subsection (a) any payments due for the services.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.



Section  183.006.  Criminal Penalty.

(a) A person commits an offense if the person violates this chapter.

(b)  An offense under this section is punishable by:

(1)  a fine of not less than $25 and not more than $200;

(2)  confinement in jail for not less than six months and not more than one year; or

(3)  both the fine and confinement.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.


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