Texas § UT.58.055 - RATE ADJUSTMENT BY COMPANY
Full text of Texas The Texas Constitution § UT.58.055 — RATE ADJUSTMENT BY COMPANY, with citation guidance and answers to common questions.
§ UT.58.055. RATE ADJUSTMENT BY COMPANY
RATE ADJUSTMENT BY COMPANY. (a) An electing company may increase a rate for a basic network service during the election period prescribed by Section 58.054 only: (1) with commission approval that the proposed change is included in Section 58.056 , 58.057 , or 58.058 ; and (2) as provided by Sections 58.056 , 58.057 , 58.058 , and 58.059 . (b) Notwithstanding Subchapter F , Chapter 60 , an electing company may, on its own initiative, decrease a rate for a basic network service during the electing period. (c) The company may decrease the rate for a basic local telecommunications service to an amount above the service's appropriate cost. If the company has been required to perform or has elected to perform a long run incremental cost study, the appropriate cost for the service is the service's long run incremental cost. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 1212, Sec. 40, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § UT.58.055
What does The Texas Constitution § UT.58.055 cover?
Section UT.58.055 ("RATE ADJUSTMENT BY COMPANY") 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.58.055?
A common citation format is "The Texas Constitution § UT.58.055" (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.58.055 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.