New Hampshire § 366:1 Definition of Terms

New Hampshire Statutes

§ 366:1 — Definition of Terms

New Hampshire·Title XXXIV PUBLIC UTILITIES·Ch. 366 AFFILIATES OF PUBLIC UTILITIES·Subdivision Generally

Terms used in this chapter shall be construed as follows unless a different meaning is clearly apparent from the language or context: I. "Person" shall mean and include individuals, corporations, trustees, lessees, holders of beneficial equitable title, voluntary associations, receivers, and partnerships. II. "Affiliate" shall mean and include the following:

(a)Any person that directly or indirectly owns, controls, or holds with power to vote a majority of the outstanding voting securities or such minority thereof as to give him substantial control of such a public utility.

(b)Every person who the commission may determine as a matter of fact, after investigation and hearing, is either directly or indirectly through intermediate persons, or otherwise, actually exercising any substantial i

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Terms used in this chapter shall be construed as follows unless a different meaning is clearly apparent from the language or context:
I. "Person" shall mean and include individuals, corporations, trustees, lessees, holders of beneficial equitable title, voluntary associations, receivers, and partnerships.
II. "Affiliate" shall mean and include the following:
(a) Any person that directly or indirectly owns, controls, or holds with power to vote a majority of the outstanding voting securities or such minority thereof as to give him substantial control of such a public utility.
(b) Every person who the commission may determine as a matter of fact, after investigation and hearing, is either directly or indirectly through intermediate persons, or otherwise, actually exercising any substantial influence over the policies and actions of a public utility, whether or not in conjunction with one or more persons.
(c) Any person with whom a public utility has a management or service contract or arrangement of the character set forth in RSA 366:3, but not including contracts for personal services with persons not otherwise affiliated.
(d) Any person that is directly or indirectly owned, controlled or held by any person described in subparagraph (a) of this paragraph through either power to vote a majority of the outstanding voting securities, or such a minority so as to maintain substantial control.

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