1. (a) An application to change rates, including a minor rate change, applications for sale, acquisition, lease, rental, merger, or consolidation, assignment of facilities or certificates; requests for purchase of voting stock or change in controlling interest of a utility; applications for cessation of operations by a retail public utility and applications for certificates of convenience and necessity shall be reviewed for administrative completeness within thirty calendar days of receipt of the application. If notice is required, upon determination that the notice or application is administratively complete, the applicant shall be notified of that determination.
2. (b) If the commission determines that any deficiencies exist in an application, statement of intent, or other requests for commission action addressed by this chapter, the application or filing may be rejected and the effective date suspended, as applicable, until the deficiencies are corrected.
3. (c) In cases involving a proposed sale, acquisition, lease, rental, merger, or consolidation of any water or sewer system required by law to possess a certificate of convenience and necessity, the proposed effective date of the transaction must be at least 120 days after the date that an application is received by the commission and public notice is provided, unless notice is waived for good cause shown.
4. (d) A report of sale, acquisition, lease, rental, merger, or consolidation; requests for purchase of voting stock or change in controlling interest of a utility; applications for cessation of operations by a retail public utility; and applications for certificates of convenience and necessity are not considered filed until the commission makes a determination of administrative completeness.

Source Note:The provisions of this §24.8 adopted to be effective September 1, 2014, 39 TexReg 5903; amended to be effective January 7, 2015, 40 TexReg 60; amended to be effective September 13, 2015, 40 TexReg 6049.