Oklahoma Administrative Code
Title 165 - Corporation Commission
Chapter 45 - Gas Service Utilities
Subchapter 17 - Competitive Bidding and Affiliate Transaction Rules for the Provision of Natural Gas Services of Gas Supply, Gathering, Transmission and Storage of Natural Gas Utilities Upstream of the Citygate
Section 165:45-17-2 - Scope of Subchapter
Universal Citation: OK Admin Code 165:45-17-2
Current through Vol. 41, No. 13, March 15, 2024
(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.
Reserved at 15 Ok Reg 2177, eff 7-1-98; Added at 21 Ok Reg 2095, eff 7-1-04
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