HOUSE BILL 2021 |
HOUSE AUTHOR: Farabee |
EFFECTIVE: 9-1-03 |
SENATE SPONSOR: Armbrister |
House Bill 2021 amends the Natural Resources Code to require a regulated oil and gas entity to provide written notice to the Railroad Commission of Texas if the entity or an affiliate files for federal bankruptcy protection. The notice must be submitted to the commission's office of general counsel not later than the 30th day after the filing date.