§ 23-4-902 - Exemption from rate case procedures, etc. - Arkansas Statutes

23-4-902. Exemption from rate case procedures, etc.

A co-op, as defined in 23-4-901(3), shall not be subject to rate case procedures and hearings and other requirements of 23-4-402 -- 23-4-405, 23-4-407 -- 23-4-418, and 23-4-620 -- 23-4-634 and Arkansas Public Service Commission regulations implementary thereof, hereafter referred to as "rate case procedures", by the commission unless:

(1) By action of its board of directors, the co-op elects to be subject to rate case procedures by the commission;

(2) A proposed change in the co-op's rates and charges exceeds ten percent (10%) of total gross revenues;

(3) Ten percent (10%) of the co-op's member-consumers petition the commission to apply rate case procedures; or

(4) As otherwise provided in this subchapter.