North Dakota Statutes
§ 49-06-07 — Failure of utility to file bond - Temporary rates prescribed by commission
If, within thirty days after the service of the order, as set forth in section 49-06-06, the public
utility fails, neglects, and refuses to file a bond or undertaking with the commission, then the
commission immediately shall fix, determine, and prescribe temporary rates to be charged by
such public utility pending the final determination of said rate proceeding. The temporary rates,
so fixed, determined, and prescribed shall be sufficient to provide a return of not less than five
percent per annum upon the original cost less accrued depreciation of the physical property of
said public utility used and useful in the public service. If the duly verified reports of said utility to
the commission do not show the original cost, less accrued depreciation, of said property, the
commission may es
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 49-06-07 (Failure of utility to file bond - Temporary rates prescribed by commission) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 49-01-01
Definitions§ 49-01-03
Oath of public service commissioners§ 49-01-04
Offices of public service commission§ 49-01-05
Salary of commissioners§ 49-01-12
Disposition of penalties§ 49-01-12.1
Public utility fee§ 49-01-13
Biennial report