Tennessee Code 65-26-102 – Sale of gas
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Tennessee Code 65-26-102
- 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.
- State: when applied to the different parts of the United States, includes the District of Columbia and the several territories of the United States. See Tennessee Code 1-3-105
The corporation is authorized to charge a reasonable price for gas, not higher than the price allowed by existing charters to gas companies heretofore chartered in this state; provided, that the corporation shall never charge more than one cent (1¢) per every cubic foot of gas used, as may be indicated by the gas meter or computed by the ordinary rules in such cases; nor shall it at any time charge the authorities of the town, city, or village more per cubic foot than it is charging the inhabitants of such town, city or village at that time.