Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Chapter 33: SMALL POWER PRODUCTION AND COGENERATION HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
§3309. Performance of contracts; commercially reasonable business practices
In the performance or enforcement of any contract for the purchase of energy resources by a transmission and distribution utility, all parties shall act in good faith and observe reasonable commercial standards of fair dealing. Conformance to this standard does not constitute imprudent utility behavior. [1999, c. 398, Pt. A, §§104, 105 (AFF); 1999, c. 398, Pt. A, §83 (AMD).]
SECTION HISTORY
1993, c. 712, §7 (NEW). 1999, c. 398, §§A104,105 (AFF). 1999, c. 398, §A83 (AMD).
Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Chapter 33: SMALL POWER PRODUCTION AND COGENERATION HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
§3309. Performance of contracts; commercially reasonable business practices
In the performance or enforcement of any contract for the purchase of energy resources by a transmission and distribution utility, all parties shall act in good faith and observe reasonable commercial standards of fair dealing. Conformance to this standard does not constitute imprudent utility behavior. [1999, c. 398, Pt. A, §§104, 105 (AFF); 1999, c. 398, Pt. A, §83 (AMD).]
SECTION HISTORY
1993, c. 712, §7 (NEW). 1999, c. 398, §§A104,105 (AFF). 1999, c. 398, §A83 (AMD).
Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
Chapter 33: SMALL POWER PRODUCTION AND COGENERATION HEADING: PL 1987, C. 141, PT. A, §6 (NEW)
§3309. Performance of contracts; commercially reasonable business practices
In the performance or enforcement of any contract for the purchase of energy resources by a transmission and distribution utility, all parties shall act in good faith and observe reasonable commercial standards of fair dealing. Conformance to this standard does not constitute imprudent utility behavior. [1999, c. 398, Pt. A, §§104, 105 (AFF); 1999, c. 398, Pt. A, §83 (AMD).]
SECTION HISTORY
1993, c. 712, §7 (NEW). 1999, c. 398, §§A104,105 (AFF). 1999, c. 398, §A83 (AMD).
