US Laws, Codes, Statutes & Cases

     237.11 Inspecting records and property; reports required.

    Every telephone company subject to the provisions of this 
 chapter, wherever organized, shall keep an office in this state, 
 and make such reports to the department as it shall from time to 
 time require.  All books, records, and files, whether they 
 relate to competitive or noncompetitive services, and all of its 
 property shall be at all times subject to inspection by the 
 commission and the department.  It shall close its accounts and 
 take therefrom a balance sheet on December 31 of each year, and 
 on or before May 1 following, such balance sheet, together with 
 such other information as the department shall require, verified 
 by an officer of the telephone company, shall be filed with the 
 commission and the department, except that a local exchange 
 carrier or a competitive local exchange carrier, as defined in 
 Minnesota Rules, chapter 7811, is only required to file an 
 annual report that includes the company's name, contact person, 
 annual revenue, and status of its 911 update plan. 

    In the event that any telephone company shall fail to file 
 its annual report, as provided by this section, the department 
 is authorized to make such an examination of the books, records, 
 and vouchers of the company as is necessary to procure the 
 necessary data for the annual report and cause the same to be 
 prepared.  The expense of procuring this data and preparing this 
 report shall be paid by the telephone company failing to report, 
 and the amount paid shall be credited by the commissioner of 
 finance to funds appropriated for the expense of the department. 

    The department is authorized to force collection of such 
 sum by an action at law in the name of the department.  

    HIST: (5294) 1915 c 152 s 9; 1919 c 183 s 1; 1961 c 341 s 1; 
 1971 c 25 s 67; 1986 c 444; 1987 c 340 s 20; 2003 c 112 art 2 s 
 50; 1Sp2005 c 1 art 4 s 54 

Copyright 2005 by the Office of Revisor of Statutes, State of Minnesota.