Texas § UT.14.103 - REPORT OF LOAN TO STOCKHOLDERS

Full text of Texas The Texas Constitution § UT.14.103 — REPORT OF LOAN TO STOCKHOLDERS, with citation guidance and answers to common questions.

§ UT.14.103. REPORT OF LOAN TO STOCKHOLDERS

REPORT OF LOAN TO STOCKHOLDERS. A public utility may not loan money, stocks, bonds, notes, or other evidence of indebtedness to a person who directly or indirectly owns or holds any stock of the public utility unless the public utility reports the transaction to the commission within a reasonable time. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997. SUBCHAPTER D. RECORDS

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § UT.14.103

What does The Texas Constitution § UT.14.103 cover?

Section UT.14.103 ("REPORT OF LOAN TO STOCKHOLDERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § UT.14.103?

A common citation format is "The Texas Constitution § UT.14.103" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § UT.14.103 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.