TITLE 39
Public Utilities and Carriers

CHAPTER 39-3
Regulatory Powers of Administration

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, ten percent (10%) or more of the voting capital stock of which is owned or controlled directly or indirectly by a person owning or controlling directly or indirectly ten percent (10%) or more of the voting capital stock of a public utility.

(3) Any person with whom a public utility has a management or service 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, voluntary associations, receivers, and partnerships.

History of Section.
(G.L. 1923, ch. 253, § 64; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 60; G.L. 1956, § 39-3-27.)