Pennsylvania Statutes

§ 2101 — Definition of affiliated interest

Pennsylvania·Title 66 PUBLIC UTILITIES·Part PART I·Ch. 21 RELATIONS WITH AFFILIATED INTERESTS
(a)General rule.--As used in this part "affiliated interest" with a public utility means and includes the following:
(1)Every corporation and person owning or holding directly or indirectly 5% or more of the voting securities of such public utility.
(2)Every corporation and person in any chain of successive ownership of 5% or more of voting securities.
(3)Every corporation 5% or more of whose voting securities are owned by any person or corporation owning 5% or more of the voting securities of such public utility or by any person or corporation in any such chain of successive ownership of 5% or more of voting securities.
(4)Every person who is an officer or director of such public utility or of any corporation in any chain of successive ownership of 5% or more of voting securities

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Legislative History

Cross References.Section 2101 is referred to in sections 1102, 1317, 1318 of this title.

Nearby Sections

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