TITLE 61

PUBLIC UTILITY REGULATION

CHAPTER 10

SPECIAL REGULATORY FEE

61-1005.  Payment of fees — Time and manner — Procedure on nonpayment. On or before May 1 of each year, the commission shall notify each public utility and railroad corporation subject to the provisions of this act, by mail, of the amount of its fee for the ensuing fiscal year beginning July 1, computed as in this act provided. Such fee shall be paid to the commission in equal semiannual installments on or before May 15 and November 15 in each calendar year. If payment shall not be made on or before said respective dates, the installments so due shall bear interest at the rate of six percent (6%) per annum until such time as the full amount of the installment shall have been paid. Upon failure, refusal or neglect of any public utility or railroad corporation to pay such fee, the attorney general shall commence an action in the name of the state to collect the same.

History:

[61-1005, added 1955, ch. 177, sec. 1, p. 362; am. 1959, ch. 80, sec. 5, p. 179; am. 2025, ch. 20, sec. 31, p. 62.]