[§269-38]  Regulatory
flexibility for effectively competitive services.  The commission may allow
telecommunications carriers to have pricing flexibility for services that the
commission finds are effectively competitive; provided that the rates for:



(1)  Basic telephone service and for services that are
not effectively competitive are cost-based and remain just, reasonable, and
nondiscriminatory; and



(2)  Universal service is preserved and advanced. [L
1995, c 225, pt of §2]