35-A §8901. Separate accounting required

Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Part 7: TELECOMMUNICATIONS HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Chapter 89: MOBILE TELECOMMUNICATIONS SERVICES HEADING: PL 1991, C. 342, §5 (NEW)

§8901. Separate accounting required

Any public utility that provides mobile telecommunications services in addition to public utility services shall maintain a separate set of accounting records with respect to those services or establish a separate subsidiary for that purpose. The creation of a subsidiary is subject to commission approval under section 708, subsection 2. The commission may exempt a public utility from this requirement for good cause. The commission has jurisdiction over the manner in which joint and common costs, investments, overhead and expenses are allocated between mobile telecommunications services and public utility services. [1991, c. 342, §5 (NEW).]

SECTION HISTORY

1991, c. 342, §5 (NEW).