New Hampshire Statutes
§ 374:33-a — Recovery of Costs, Fees and Expenses
New Hampshire·Title XXXIV PUBLIC UTILITIES·Ch. 374 GENERAL REGULATIONS·Subdivision Leases, Stock Ownership, Etc.
In any proceeding under RSA 374:33 in which the public utilities commission determines that the proposed acquisition is not lawful, proper, or in the public interest, the public utilities commission shall review the costs incurred by the target company incident to the proceeding, determine which of those costs are reasonable and prudently incurred, and shall then require that the unsuccessful acquirer reimburse such costs to the target company. The public utilities commission is further prohibited from including in rates to ratepayers any of the costs, including, without limitation, all disbursement, expert witness fees, and reasonable attorney's fees incurred by either party in such proceeding. This section shall not apply to costs and expenses incurred prior to July 19, 1991.
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Legislative History
1991, 150:1, eff. July 19, 1991.
Nearby Sections
2
§ 374:33
Acquiring Stocks, Etc§ 374:33-a
Recovery of Costs, Fees and Expenses