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Current as of March 28, 2024 | Updated by Findlaw Staff
A generation and transmission cooperative may modify its rates and charges if:
(1) At least three-fourths ( 3/4 ) of its board votes to change its rates and charges;
(2) A proposed increase in the generation and transmission cooperative's rates and charges does not exceed five percent (5%) in any twelve-month period of the total gross revenues of the generation and transmission cooperative; and
(3) Any additional requirements of this subchapter are satisfied.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-4-1102. Exemption from general rate case procedure - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-4-1102/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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