61-1005 — PAYMENT OF FEES -- TIME AND MANNER -- PROCEDURE ON NONPAYMENT


                                  TITLE  61
                          PUBLIC UTILITY REGULATION
                                  CHAPTER 10
                            SPECIAL REGULATORY FEE
    61-1005.  PAYMENT OF FEES -- TIME AND MANNER -- PROCEDURE ON NONPAYMENT.
On or before May 1st of each year, the commission shall notify each public
utility and railroad corporation subject to the provisions of this act, by
mail, of the amount of its fee for the ensuing fiscal year beginning July 1st,
computed as in this act provided. Such fee shall be paid to the commission in
equal semiannual instalments on or before the 15th days of November and May in
each fiscal year. If payment shall not be made on or before said respective
dates, the instalments so due shall bear interest at the rate of six per cent
(6%) per annum until such time as the full amount of the instalment shall have
been paid. Upon failure, refusal or neglect of any public utility or railroad
corporation to pay such fee the attorney general shall commence an action in
the name of the state to collect the same.