§ 39-3-27 - Definitions. - Rhode Island Statutes

SECTION 39-3-27

   § 39-3-27  Definitions. – (a) "Affiliate" means and include the following:

   (1) Every person owning or holding, directly or indirectly,ten percent (10%) or more of the voting capital stock of a public utility.

   (2) Any corporation, voluntary association or trust, tenpercent (10%) or more of the voting capital stock of which is owned orcontrolled directly or indirectly by a person owning or controlling directly orindirectly ten percent (10%) or more of the voting capital stock of a publicutility.

   (3) Any person with whom a public utility has a management orservice contract or arrangement of the character set forth in § 39-3-28,including contracts for personal services with persons not otherwise affiliated.

   (b) "Person" means and includes individuals, corporations,trustees, lessees, holders of beneficial equitable title, voluntaryassociations, receivers, and partnerships.