§ 39-17-6 - Rate increases during term of franchise. - Rhode Island Statutes

SECTION 39-17-6

   § 39-17-6  Rate increases during term offranchise. – No corporation which shall acquire exclusive rights or franchises under theprovisions of this chapter, shall at any time during the continuance thereofcharge for its product, wares, or service, to any town or city or theinhabitants thereof, any greater price than the price actually charged by it atthe time of the granting of the rights or franchises, both prices beingreckoned in United States gold coin of the standard weight and fineness inforce at the time of the granting of the right or franchise, or in theequivalent thereof in actual value in other lawful money of the United States.