§ 35.5-25. Further investment by respondent.  


Latest version.
  • The service of a rule to show cause, or the introduction of a proposed ordinance of revocation, termination, and prohibition, or both, shall suffice as notice to the respondent that it should not make any further investment in equipment, facilities and plant within the parish in anticipation of any return on same, unless the council or the LPSC or a federal regulatory agency expressly determine that said investment is or was required to meet an emergency or urgently necessary to continue safe and efficient delivery of a necessary service, or unless said further investment is expressly approved by the council.

(Ord. No. 20914, § 1, 3-15-00)