Section Puc 2105.05 - Joint Employment(a) Except as permitted in Puc 2105.04 and this section, a utility and its competitive affiliates shall not jointly employ any person.(b) If a utility and its competitive affiliates are controlled by a holding company: (1) Any board member who is not an officer may serve on the board of the holding company and the board of any affiliate; and(2) Any corporate officer may serve in such capacity for the holding company and either the utility or its competitive affiliates, but not both.(c) Notwithstanding (b)(1) and (2) above, administrative corporate officers such as the secretary, clerk, treasurer, accounting officer, securities and exchange commission officer, and tax filing officer may serve in such capacity for the holding company and any affiliates.(d) In the case of shared directors and officers, a corporate officer from the utility and holding company shall certify in the utility's compliance plan submitted pursuant to Puc 2106 that the specific mechanisms and procedures in place, to the best of their knowledge and belief, are adequate to ensure that the utility is not using shared officers and directors as a means to circumvent these rules or RSA 366.N.H. Admin. Code § Puc 2105.05
#7884-A, eff 5-2-03, EXPIRED: 5-2-11
New. #9921, eff 5-3-11
Amended by Volume XXXV Number 36, Filed September 10, 2015, Proposed by #10909, Effective 8/8/2015, Expires8/8/2025.