Texas § UT.56.254 - RECOVERY OF COSTS
Full text of Texas The Texas Constitution § UT.56.254 — RECOVERY OF COSTS, with citation guidance and answers to common questions.
§ UT.56.254. RECOVERY OF COSTS
RECOVERY OF COSTS. The commission order designating the successor utility under Section 54.303 shall authorize the utility to recover the costs determined under Section 56.253 . The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate: (1) not later than the first anniversary of the date of the order if the costs are not more than $1 million; (2) not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and (3) not later than the third anniversary of the date of the order if the costs are more than $2 million. Added by Acts 2003, 78th Leg., ch. 76, Sec. 7, eff. Sept. 1, 2003. SUBCHAPTER H. AUDIO NEWSPAPER PROGRAM
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § UT.56.254
What does The Texas Constitution § UT.56.254 cover?
Section UT.56.254 ("RECOVERY OF COSTS") 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.56.254?
A common citation format is "The Texas Constitution § UT.56.254" (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.56.254 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.