A telecommunications utility may receive funding under this subchapter only if:

1. (1) the telecommunications utility is eligible to receive universal service funding under Section 56.023(b); and
2. (2) the telecommunications utility is designated as a successor utility under Section 54.303.

Added by Acts 2003, 78th Leg., ch. 76, Sec. 7, eff. Sept. 1, 2003.