North Carolina General Statutes 62-148. Rates on leased or controlled utility
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Terms Used In North Carolina General Statutes 62-148
- Commission: means the North Carolina Utilities Commission. See North Carolina General Statutes 62-3
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Motor carrier: means a common carrier by motor vehicle. See North Carolina General Statutes 62-3
- public utility: except as otherwise expressly provided in this Chapter, shall not include the following:
- State: means the State of North Carolina; "state" means any state. See North Carolina General Statutes 62-3
If any public utility operating in the State other than a motor carrier is owned, controlled or operated by lease or other agreement by any other public utility doing business in the State, its rates may, in the discretion of the Commission, be determined for such public utility by the rates prescribed for the public utility which owns, controls or operates it. (Ex. Sess. 1908, c. 144, s. 2; C.S., s. 3490; 1963, c. 1165, s. 1.)