§ 26-21-112 - Effective date for rate changes. - Arkansas Statutes

26-21-112. Effective date for rate changes.

The effective date of rate changes for services covering a period starting before and ending after the statutory effective date shall be as follows:

(1) For a rate increase, the new rate shall apply to the first billing period starting on or after the effective date; and

(2) For a rate decrease, the new rate shall apply to bills rendered on or after the effective date.