N.Y. Comp. Codes R. & Regs. tit. 16 § 90.9

Current through Register Vol. 46, No. 50, December 11, 2024
Section 90.9 - Circular containing terms of deposit

Each and every electric corporation and gas and electric corporation holding consumer deposits shall keep on hand, for distribution to its consumers, printed circulars, over its corporate or business name, which circulars shall be entitled "TERMS AND CONDITIONS UPON WHICH CONSUMERS' DEPOSITS ARE COLLECTED, HELD, AND MAY BE WITHDRAWN", and which shall contain a copy of this Part, a copy of Public Service Law section 117 (as added by L. 1976, ch. 557), and such other pertinent information as the corporation may elect. In lieu of providing a copy of section 117 of the Public Service Law and a copy of this Part, every such corporation may provide a circular approved by the commission containing the pertinent features of these requirements. Every such corporation shall furnish a copy of said circular or a summary of the pertinent features of these requirements to the consumer or applicant for service from whom a deposit is demanded when such corporation first informs said consumer that a deposit is required. Every such corporation shall post copies of such circular or summary in prominent place(s) in each business office frequented by consumers.

N.Y. Comp. Codes R. & Regs. Tit. 16 § 90.9