US Laws, Codes, Statutes & Cases

      (a)      The Corporation may fix and revise from time to time rates or charges for the use of the services of the Corporation, and charge and collect the same, and contract with any person, partnership, association, or corporation desiring the use of any of the services of the Corporation, and fix the terms, conditions, and rates of charges for such use.

      (b)      The rates or charges of the Corporation shall not be subject to supervision or regulation by any other commission, board, bureau, or agency of the State or any political subdivision thereof. The rates, charges, and all other revenues derived by the Corporation may be applied by the Corporation to any lawful purpose, subject to the provisions of any resolution, trust indenture, or other agreement relating to bonds or the Corporation.

      (c)      The net earnings of the Corporation, aside from those necessary to pay debt service or to implement the Corporation's programs, may not inure to the benefit of any person other than the State.