(1) to examine the financial records of each public utility including all bank records;

(2) the terms and conditions of any contracts with the
United States Government;

(3) terms and conditions of any refinancing provisions by the Federal Finance Bank and the Department of the Interior;

(4) its costs of operations and costs charged to it by the United States Government;

(5) schedules of rates and classifications;

(6) the value and condition of the utility’s physical property, including that of the United States Government where appropriate;

(7) the issuance on behalf of the utility of bonds and the disposition of the proceeds thereof;

(8) the volume of unit sales;

(9) the amount and disposition of its income;

(10) all its financial transactions; its compliance with contracts, covenants, promissory notes and other terms of indebtedness;

(11) its compliance with all applicable territorial and federal laws and with the provisions of its franchise, articles of incorporation and enabling legislation.

(b) The Commission shall have the power at any time to examine the financial condition of the utility.

SOURCE: Added by P.L. 17-074 (Oct. 26, 1984).TELECOMMUNICATIONS ACT OF 2004

2015 NOTE: Subsection designations were added in accordance to the authority granted by 1 Guam Code Ann. § 1606.