Maine Statutes
§ 35-A §3309 — Performance of contracts; commercially reasonable business practices
Maine·Title 35-A PUBLIC UTILITIES·Part 3 ELECTRIC POWER·Ch. 33 SMALL POWER PRODUCTION AND COGENERATION
In the performance or enforcement of any contract for the purchase of energy resources by a transmission and distribution utility, all parties shall act in good faith and observe reasonable commercial standards of fair dealing. Conformance to this standard does not constitute imprudent utility behavior.
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Legislative History
PL 1993, c. 712, §7 (NEW). PL 1999, c. 398, §A83 (AMD). PL 1999, c. 398, §§A104,105 (AFF).
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