§ 62-142. Contracts as to rates. - North Carolina Statutes

§ 62‑142. Contracts as to rates.

All contracts and agreements between public utilities as to rates shallbe submitted to the Commission for inspection that it may be seen whether ornot they are a violation of law or the rules and regulations of the Commission,and all arrangements and agreements whatever as to the division of earnings ofany kind by competing public utilities shall be submitted to the Commission forinspection and approval insofar as they affect the rules and regulations madeby the Commission to secure to all persons doing business with such utilitiesjust and reasonable rates. The Commission may make such rules and regulations,as to such contracts and agreements as the public interest may require. (1899, c. 164, s. 6; Rev., s. 1108; C.S., s. 1073;1933, c. 134, s. 8; 1941, c. 97; 1963, c. 1165, s. 1.)