Ark. Code § 23-4-902

Current with legislation from 2024 Fiscal and Special Sessions.

Section 23-4-902 - Exemption from rate case procedures, etc

A co-op, as defined in § 23-4-901, shall not be subject to rate case procedures and hearings and other requirements of §§ 23-4-402 - 23-4-405, 23-4-407 - 23-4-418, and 23-4-620 - 23-4-634 and Arkansas Public Service Commission rules implementary thereof, hereafter referred to as "rate case procedures", by the commission unless:

(1) By action of its board of directors, the co-op elects to be subject to rate case procedures by the commission;

(2) A proposed change in the co-op's rates and charges exceeds ten percent (10%) of total gross revenues;

(3) Ten percent (10%) of the co-op's member-consumers petition the commission to apply rate case procedures; or

(4) As otherwise provided in this subchapter.

Ark. Code § 23-4-902

Amended by Act 2019, No. 315,§ 2397, eff. 7/24/2019.

Acts 1987, No. 821, § 2.