D.C. Mun. Regs. tit. 15, r. 15-3905

Current through Register Vol. 71, No. 39, September 27, 2024

Rule 15-3905 - LOANS AND LOAN GUARANTEES

3905.1

An energy utility shall not provide loans or loan guarantees to an affiliate or to the holding company. The general prohibition includes use of utility rate base asset as collateral for any affiliate or holding company activity.

3905.2

Notwithstanding any provision to the contrary, an energy utility may participate in a cash management or money pool subject to federal regulations of the Securities and Exchange Commission or the Federal Energy Regulatory Commission.

D.C. Mun. Regs. tit. 15, r. 15-3905

Notice of Final Rulemaking published at 58 DCR 1109, 1115 (February 4, 2011)

Authority: The Public Service Commission of the District of Columbia (Commission), pursuant to its authority under D.C. Code § 34-301 (2010 Supp.) and D.C. Code §§ 34-802 and 34-1513(c) (2001).