US Laws, Codes, Statutes & Cases

                                  TITLE  61
                          PUBLIC UTILITY REGULATION
                                  CHAPTER 6
                         PROCEDURE BEFORE COMMISSION
                                AND IN COURTS
    61-623.  DETERMINATION OF SCHEDULE AND REGULAR RATES. Whenever there shall
be filed with the commission any schedule stating an individual or joint rate,
fare, toll, rental, charge, classification, contract, practice, rule or
regulation increasing or resulting in the increase of any rate, fare, toll,
rental, or charge, the commission shall have power, and is hereby given
authority, either upon complaint or upon its own initiative without complaint,
at once, and if it so orders, without answer or other formal pleadings by the
interested public utility or utilities, but upon reasonable notice, to enter
upon a hearing concerning the propriety of such rate, fare, toll, rental,
charge, classification, contract, practice, rule or regulation, and pending
the hearing and decision thereon, such rate, fare, toll, rental, charge,
classification, contract, practice, rule or regulation shall not go into
effect: provided, that the period of suspension of such rate, fare, toll,
rental, charge, classification, contract, practice, rule or regulation shall
not extend beyond 120 days beyond the time when such rate, fare, toll, rental,
charge, classification, contract, practice, rule or regulation would otherwise
go into effect unless the commission in its discretion, extends the period of
suspension for a further period not exceeding six (6) months: provided
further, that prior to the expiration of said periods of suspension the
commission may, with the consent in writing signed by the party filing such
schedule, permanently or further suspend the same. On such hearing the
commission shall establish the rates, fares, tolls, rentals, charges,
classifications, contracts, practices, rules or regulations proposed, in whole
or in part or others in lieu thereof, which it shall find to be just and
reasonable. All such rates, fares, tolls, rentals, charges, classifications,
contracts, practices, rules or regulations, not so suspended shall, on the
expiration of thirty (30) days from the time of filing the same with the
commission, or of such lesser time as the commission may grant, go into effect
and be established and effective rates, fares, tolls, rentals, charges,
classifications, contracts, practices, rules and regulations, subject to the
power of the commission after a hearing had on its own motion or upon
complaint, as herein provided to alter or modify the same.