§ 39-3-27 — § 39-3-27. Definitions.

§ 39-3-27. Definitions.

(a) "Affiliate� means and includes the following:

(1) Every person owning or holding, directly or indirectly, ten percent (10%) or more of the voting capital stock of a public utility.

(2) Any corporation, voluntary association, or trust, ten percent (10%) or more of the voting capital stock of which is owned or controlled directly or indirectly by a person owning or controlling directly or indirectly ten percent (10%) or more of the voting capital stock of a public utility.

(3) Any person with whom a public utility has a management or service contract or arrangement of the character set forth in § 39-3-28, including contracts for personal services with persons not otherwise affiliated.

(b) "Person� means and includes individuals, corporations, trustees, lessees, holders of beneficial equitable title, voluntary associations, receivers, and partnerships.

Legislative History

G.L. 1923, ch. 253, § 64; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 60; G.L. 1956, § 39-3-27.