2018 US Code
Title 42 - The Public Health and Welfare
Chapter 149 - National Energy Policy and Programs
Subchapter XII - Electricity
Part D - Repeal of Public Utility Holding Company Act of 1935
Sec. 16452 - Federal access to books and records

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Citation 42 U.S.C. § 16452 (2018)
Section Name §16452. Federal access to books and records
Section Text (a) In general

Each holding company and each associate company thereof shall maintain, and shall make available to the Commission, such books, accounts, memoranda, and other records as the Commission determines are relevant to costs incurred by a public utility or natural gas company that is an associate company of such holding company and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.

(b) Affiliate companies

Each affiliate of a holding company or of any subsidiary company of a holding company shall maintain, and shall make available to the Commission, such books, accounts, memoranda, and other records with respect to any transaction with another affiliate, as the Commission determines are relevant to costs incurred by a public utility or natural gas company that is an associate company of such holding company and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.

(c) Holding company systems

The Commission may examine the books, accounts, memoranda, and other records of any company in a holding company system, or any affiliate thereof, as the Commission determines are relevant to costs incurred by a public utility or natural gas company within such holding company system and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.

(d) Confidentiality

No member, officer, or employee of the Commission shall divulge any fact or information that may come to his or her knowledge during the course of examination of books, accounts, memoranda, or other records as provided in this section, except as may be directed by the Commission or by a court of competent jurisdiction.

Source Credit

(Pub. L. 109–58, title XII, §1264, Aug. 8, 2005, 119 Stat. 974.)

Publication Title United States Code, 2018 Edition, Title 42 - THE PUBLIC HEALTH AND WELFARE
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 42 - THE PUBLIC HEALTH AND WELFARE
CHAPTER 149 - NATIONAL ENERGY POLICY AND PROGRAMS
SUBCHAPTER XII - ELECTRICITY
Part D - Repeal of Public Utility Holding Company Act of 1935
Sec. 16452 - Federal access to books and records
Contains section 16452
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 119 Stat. 974
Public Law References Public Law 109-58
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