California Public Utilities Code 451.3 – If the commission finds that an electrical corporation is requesting …
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If the commission finds that an electrical corporation is requesting recovery of costs that were previously authorized by the commission for cost recovery by the electrical corporation, the commission may fine the electrical corporation an amount up to three times the amount of the penalty provided in Section 2107 for each violation.
(Added by Stats. 2019, Ch. 79, Sec. 7. (AB 1054) Effective July 12, 2019.)
Terms Used In California Public Utilities Code 451.3
- Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
- 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.