Advanced Search

Subscribe to a Global-Regulation Premium Membership Today!

We are constantly working to improve the site, and to add more laws to our database. If you are receiving value from using our site please consider signing up for a subscription to support the site and to get many additional benefits for you.

Key Benefits:

  • Unlimited Searches
  • Weekly Updates on New Laws
  • Access to 5,345,848 Global Laws from 110 Countries
  • View the Original Law Side-by-Side with the Translation
  • No Ads

Subscribe Now for only USD$40 per month.

(You can close this ad by clicking anywhere on the page.)

§3309. Performance of contracts; commercially reasonable business practices


Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
§3309. Performance of contracts; commercially reasonable business practices






In the performance or enforcement of any contract for the purchase of energy resources
by a transmission and distribution utility, all parties shall act in good faith and
observe reasonable commercial standards of fair dealing. Conformance to this standard
does not constitute imprudent utility behavior. [1999, c. 398, Pt. A, §83 (AMD); 1999, c. 398, Pt. A, §§104, 105 (AFF).]





SECTION HISTORY

1993, c. 712, §7 (NEW).
1999, c. 398, §A83 (AMD).
1999, c. 398, §§A104,105 (AFF).