The Public Utility Holding Company Act of 1997--S. 621: Hearing Before the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fifth Congress, First Session, on S. 621 ... April 29, 1997, Volumen4
U.S. Government Printing Office, 1998 - 310 páginas
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Página 49 - ... necessary or appropriate in the public interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions of this title.
Página 290 - State regulation of such companies, or when control of such companies is exerted through disproportionately small investment; (4) when the growth and extension of holding companies bears no relation to economy of management and operation or the integration and coordination of related operating properties...
Página 48 - Public Utility Holding Company Act Amendments: Hearings on S. 1869, S. 1870 and S. 1871 Before the Subcomm. on Securities of the Senate Comm. on Banking, Housing, and Urban Affairs, 97th Cong., 2d Sess.
Página 69 - Demands that utility acquisitions "serve the public interest by tending toward the economical and efficient development of an integrated public-utility system.
Página 82 - ... reasonably incidental, or economically necessary or appropriate
Página 54 - NARUC's members regulate the retail rates and services of electric, gas, water and telephone utilities. We have the obligation under state law to assure the establishment and maintenance of such energy utility services as may be required by the public convenience and necessity, and to ensure that such services are provided at rates and conditions that are just, reasonable and nondiscriminatory for all consumers.
Página 61 - Commission under the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the...
Página 117 - After notice and opportunity for hearing, if the Commission finds that the proposed disposition, consolidation, acquisition, or control will be consistent with the public interest, it shall approve the same.
Página 138 - No public utility shall sell, lease, or otherwise dispose of the whole of its facilities subject to the jurisdiction of the Commission, or any part thereof of a value in excess of $50,000, or by any means whatsoever, directly, or indirectly, merge or consolidate such facilities or any part thereof with those of any other person, or purchase, acquire, or take any security of any other public utility, without first having secured an order of the Commission authorizing it to do so.
Página 117 - ... (b) No natural-gas company shall abandon all or any portion of its facilities subject to the jurisdiction of the Commission, or any service rendered by means of such facilities, without the permission and approval of the Commission first had and obtained, after due hearing, and a finding by the Commission that the available supply of natural gas is depleted to the extent that the continuance of...