Current with changes from the 2024 Legislative Session
Section 6-209 - Annual report - Officers and directors(a)(1) A public service company shall list in its annual report the name and address of: (i) each principal officer, director, trustee, or partner of the public service company and its parent; and(ii) each individual exercising functions similar to that of a director, trustee, or partner on behalf of the public service company and its parent.(2) For each individual described in paragraph (1) of this subsection, the public service company shall list: (i) the title and position with the public service company and any parent;(ii) the title and position with any subsidiary of the public service company and any other company, firm, or organization that the public service company controls;(iii) the principal occupation or business affiliation, if different than that provided in item (i) or (ii) of this paragraph; and(iv) each affiliation with any other business or financial organization, firm, or partnership doing business with the public service company.(b) In its annual report, a public service company shall:(1) list each contract, agreement, or other business arrangement exceeding an aggregate value of $1,000,000 between the public service company and any business or financial organization, firm, or partnership listed under subsection (a)(2)(iii) and (iv) of this section;(2) except for compensation related to a position with the public service company, list each contract, agreement, or other business arrangement with a value exceeding $2,500 entered into during the reporting year between the public service company and each officer and director listed in subsection (a) of this section;(3) for each contract, agreement, or other business arrangement described in paragraph (1) or (2) of this subsection, identify the parties, amounts, dates, and product or service involved; and(4) list the professional services performed for the public service company by each firm, partnership, or organization with which an officer or director of the public service company is affiliated.