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Regulatory Agencies. The electric, telecommunications and water service industries in Texas are regulated and governed by a host of independent, state and federal agencies. Each regulatory body is charged with unique tasks and responsibilties to ensure adequate protection for and service to the public.
When the Texas Legislature passed the Law to Regulate Railroads in 1853, it required that the railroads operating in the state be headquartered in Texas. This requirement was later included as part of Article X of the Constitution of 1876. As a result the various railroad systems operating in Texas did so through subsidiary companies. Some, such as the Southern Pacific, Missouri Pacific, and the Santa Fe, retained the corporate names of Texas railroads they had acquired.