56-265.13:3 - Applicability of chapter - Virginia Statutes

§ 56-265.13:3. Applicability of chapter.

This chapter shall apply to every certificated water or sewer public utilitycompany or water and sewer public utility company (i) with gross annualoperating revenues of less than one million dollars or (ii) that is owned bythe property owners' association of the subdivision served by the publicutility.

In case of a company with gross annual revenues of $500,000 or more, (i) theCommission may suspend a proposed increase in rates for a period notexceeding 150 days from the date of the filing of the proposed rate increaseand (ii) notwithstanding any other provision of this chapter, such companyshall be subject to Chapter 4 (§ 56-76 et seq.) of Title 56.

(1986, c. 323; 1993, c. 369; 1997, c. 143.)