Sec. 56.254. RECOVERY OF COSTS. The commission order designating the successor utility under Section 54.303 shall authorize the utility to recover the costs determined under Section 56.253 . The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate: (1) not later than the first anniversary of the date of the order if the costs are not more than $1 million; (2) not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and (3) not later than the third anniversary of the date of the order if the costs are more than $2 million.
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