2001 US Code
Title 15 - COMMERCE AND TRADE
CHAPTER 2C - PUBLIC UTILITY HOLDING COMPANIES
Sec. 79h - Acquiring interest in electric and gas companies serving same territory
View Metadata| Publication Title | United States Code, 2000 Edition, Supplement 1, Title 15 - COMMERCE AND TRADE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 15 - COMMERCE AND TRADE CHAPTER 2C - PUBLIC UTILITY HOLDING COMPANIES Sec. 79h - Acquiring interest in electric and gas companies serving same territory |
| Contains | section 79h |
| Date | 2001 |
| Laws in Effect as of Date | January 22, 2002 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Aug. 26, 1935, ch. 687, title I, §8, 49 Stat. 817; Pub. L. 100-181, title IV, §401, Dec. 4, 1987, 101 Stat. 1259. |
| Statutes at Large References | 49 Stat. 817 101 Stat. 1259 |
| Public Law References | Public Law 100-181 |
§79h. Acquiring interest in electric and gas companies serving same territory
Whenever a State law prohibits, or requires approval or authorization of, the ownership or operation by a single company of the utility assets of an electric utility company and a gas utility company serving substantially the same territory, it shall be unlawful for a registered holding company, or any subsidiary company thereof, by use of the mails or any means or instrumentality of interstate commerce, or otherwise—
(1) to take any step, without the express approval of the State commission of such State, which results in its having a direct or indirect interest in an electric utility company and a gas utility company serving substantially the same territory; or
(2) if it already has any such interest, to acquire, without the express approval of the State commission, any direct or indirect interest in an electric utility company or gas utility company serving substantially the same territory as that served by such companies in which it already has an interest.
(Aug. 26, 1935, ch. 687, title I, §8, 49 Stat. 817; Pub. L. 100–181, title IV, §401, Dec. 4, 1987, 101 Stat. 1259.)
Amendments1987—Pub. L. 100–181 substituted “otherwise—” for “otherwise,—”.
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