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§39-3-28  Filing of agreements with affiliates. –

Published: 2015

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Public Utilities and Carriers


Regulatory Powers of Administration

SECTION 39-3-28

   § 39-3-28  Filing of agreements with

affiliates. –

The original or a verified copy of any contract or arrangement and of any

modification thereof or a verified summary of any unwritten contract or

arrangement, the consideration of which exceeds five hundred dollars ($500),

hereafter entered into between a public utility and an affiliate providing for

the furnishing of managerial, supervisory, construction, engineering,

accounting, purchasing, financial, or any other services, either to or by a

public utility or an affiliate, shall be filed by the public utility with the

division within ten (10) days after the date on which the contract is executed

or the arrangement entered into. The division may also require a public utility

to file in such form as the division may require full information with respect

to any purchase from or sale to an affiliate, whether or not made in pursuance

of a continuing contract or arrangement.

   This section and §§ 39-3-29 – 39-3-32,

inclusive, shall not apply to, and a public utility shall not be required to

file with the division, any agreements or arrangements that are set forth in an

application for a securitization order that is approved by the commission

pursuant to § 39-1-46.

History of Section.

(G.L. 1923, ch. 253, § 64; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch.

122, § 60; G.L. 1956, § 39-3-28; P.L. 1997, ch. 142, §