Public utility holding company definition

Public utility holding company means: (1) any company that,
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Public utility holding company means: (1) any company that, directly or indirectly, owns, controls, or holds with power to vote, 10 percent or more of the outstanding voting securities of an electric public utility or a gas public utility or of a company which is a public utility holding company by virtue of this definition, unless the Securities and Exchange Commission, or its successor, by order declares such company not to be a public utility holding company under the Public Utility Holding Company Act of 1935, 15 U.S.C. s.79 et seq., or its successor; or (2) any person that the Securities and Exchange Commission, or its successor, determines, after notice and opportunity for hearing, directly or indirectly, to exercise, either alone or pursuant to an arrangement or understanding with one or more other persons, such a controlling influence over the management or policies of an electric public utility or a gas public utility or public utility holding company as to make it necessary or appropriate in the public interest or for the protection of investors or consumers that such person be subject to the obligations, duties, and liabilities imposed in the Public Utility Holding Company Act of 1935, 15 U.S.C. s.79 et seq., or its successor act.
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Public utility holding company means an affiliated interest that controls a public utility through the direct or indirect ownership of voting securities of that public utility;
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Examples of Public utility holding company in a sentence

  • Under the Public utility holding company act of 1935, dated August 8, 1936.

  • De Bedts, The New Deal’s SEC; Philip Joseph Funigiello, A political and legislative history of the Public utility holding company act of 1935, Dissertation (1968); David Krikun, An Economic and Political History of the Public Utility Act of 1935, Dissertation (1971); James, Presidents, Parties, and the State.

  • P - 4 BoardSEC Public utility holding company report form amendments proposed..............


More Definitions of Public utility holding company

Public utility holding company means and include the definition of such term as defined in Title 15, United States Code, sections 79b (a) (7), including electric, gas, water and steam heat services.
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Public utility holding company or "PUHC" means:
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Public utility holding company means: (1) any company that, directly or indirectly, owns, controls, or holds with power to vote, 10 percent or more of the outstanding voting securities of an electric public utility or a gas public utility or of a company which is a public utility holding company by virtue of this definition, unless the Securities and Exchange
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Public utility holding company means: (1) any company that, directly or indirectly, owns, controls, or holds with power to vote,
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Public utility holding company means and include
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Related to Public utility holding company

  • Public utility means any business entity that owns or operates any plant, equipment, property, franchise, or license for the production, transmission, sale, delivery, or furnishing of elec- tricity, water, or steam the rates of charges for goods or services of which have been established or approved by a federal, state, or local government or governmental agency.

  • Public utilities means those utilities defined in sections 4905.02, 4905.03, 4907.02, and 4907.03 of the Revised Code; in the case of a foreign corporation, it means those utilities defined as public utilities by the laws of its domicile; and in the case of any other foreign issuer, it means those utilities defined as public utilities by the laws of the situs of its principal place of business. The term always includes railroads whether or not they are so defined as public utilities.

  • Electric public utility means a public utility, as that term is

  • Gas public utility means a public utility, as that term is defined

  • Electric utility means a consumer-owned utility or

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.