Nevada Revised Statutes 708.060 – Power of Commission to establish and enforce rates and regulations; procedure; reimbursement of excessive charges
1. The Commission shall have the power:
Terms Used In Nevada Revised Statutes 708.060
- Commission: means the Public Utilities Commission of Nevada. See Nevada Revised Statutes 708.010
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
(a) To establish and enforce rates of charges and regulations for gathering, transporting, loading and delivering crude oil or petroleum by such common carriers in this state, and for the use of storage facilities necessarily incident to such transportation; and
(b) To prescribe and enforce rules and regulations for the government and control of such common carriers in respect to their pipelines and receiving, transferring and loading facilities.
2. The Commission shall exercise such power upon petition by any person showing a substantial interest in the subject.
3. No order establishing or prescribing rates, rules and regulations shall be made except after a hearing and at least 10 days’ and not more than 30 days’ notice to the person, firm, corporation, partnership, joint-stock association, or association owning or controlling and operating or managing the pipeline or pipelines affected.
4. If any rate shall be filed by any pipeline, and a complaint against the same or a petition to reduce the same shall be filed by any shipper, and such complaint is sustained, in whole or in part, all shippers who shall have paid the rates so filed by the pipeline company shall have the right to reparation reimbursement of all excess in transportation charges so paid over and above the proper rate as finally determined on all shipments made after the date of the filing of such complaint.