Okla. Admin. Code § 165:45-17-2

Current through Vol. 42, No. 7, December 16, 2024

Section 165:45-17-2 - Scope of Subchapter

(a) The competitive bidding, affiliate transactions and financial transactions rules (such as stock, bond, derivatives, and any financing instrument issuance) are promulgated to establish enforcement, reporting and monitoring provisions of utilities regarding these transactions.

(b) The intention of this Subchapter includes [but is not limited to]:

(1) The establishment of standards for transactions between utilities and their affiliates for purposes of determining fair, just and reasonable rates and charges;

(2) The prevention of subsidization of an affiliate by a utility;

(3) The support of fair and clear cost allocations; and

(4) The protection of customers of a utility from being subjected to any unreasonable financial obligations or costs of an affiliate.

Okla. Admin. Code § 165:45-17-2

Reserved at 15 Ok Reg 2177, eff 7-1-98; Added at 21 Ok Reg 2095, eff 7-1-04