§ 39-20-5 — § 39-20-5. Regulation of foreign electric utilities.

§ 39-20-5. Regulation of foreign electric utilities.

(a) A foreign electric utility, in order to procure a certificate of authority to transact business in this state pursuant to this chapter, shall make application therefor to the secretary of state pursuant to the provisions of §§ 7-1.2-1405 and 7-1.2-1406 and shall be subject to §§ 7-1.2-1403 — 7-1.2-1418, 7-1.2-1501 and 7-1.2-1601 — 7-1.2-1604.

(b) A foreign public utility that has received a certificate of authority to transact business in this state pursuant to this chapter:

(1) Shall, before owning or operating an electric-generating facility in this state, notify the commission of the action to be taken by it;

(2) Shall thereafter furnish to the commission annually a copy of the annual report filed by it with the utility regulatory agency of the state of its domicile or principal locus; and

(3) Shall furnish to the commission, from time to time, such other information with respect to its activities in the state as the commission may reasonably request.

Legislative History

P.L. 1975, ch. 215, § 1; P.L. 2005, ch. 36, § 25; P.L. 2005, ch. 72, § 25.