When South Central Bell Telephone Company receives an increase in its net return as the result of any order issued by the Alabama Public Service Commission or a contingent increase as the result of a supersedeas order issued by a court of proper jurisdiction, which results in an increase in settlement revenues paid by South Central Bell Telephone Company to any connecting telephone company through any interconnecting agreement or otherwise, the Alabama Public Service Commission will review the financial earnings of each affected connecting company, and if such earnings exceed that authorized by the Public Service Commission and the law, will direct such companies to reduce local exchange rates and charges in such amounts as to comply with authorized earnings; provided, that where the connecting telephone company receives a contingent increase in settlement revenues from South Central Bell Telephone Company as the result of a supersedeas order issued to South Central Bell Telephone Company by the court, such connecting telephone company shall have the right to file a new schedule of rates and charges with the commission recovering any repayment which may be required by it arising out of any judicial modification or vacation of said supersedeas order. This section shall apply to any increase in net return to South Central Bell Telephone Company or its successors or assigns.
Structure Code of Alabama
Title 37 - Public Utilities and Public Transportation.
Chapter 1 - Public Service Commission.
Article 2 - Powers and Duties Generally.
Division 2 - Rates and Other Regulations.
Section 37-1-81 - Schedules of Rates or Service Regulations.
Section 37-1-82 - Production and Inspection of Books or Records, etc., of Utilities.
Section 37-1-84 - Filing and Contents of Complaint.
Section 37-1-85 - Time and Place of Hearing.
Section 37-1-86 - Notice and Process.
Section 37-1-87 - Intervention in Proceedings Before Commission.
Section 37-1-88 - Right of Party to Be Heard in Person or by Attorney.
Section 37-1-90 - Separate Hearings on Several Matters.
Section 37-1-92 - Depositions of Witnesses.
Section 37-1-93 - Fees of Witnesses.
Section 37-1-94 - Time Allowed Commission for Making Decision.
Section 37-1-95 - Order Requiring Discontinuance or Rectification of Violation.
Section 37-1-96 - Necessity for Hearing Prior to Order Affecting Rate or Service.
Section 37-1-97 - Order Fixing Reasonable Rate.
Section 37-1-98 - Certified Copies of Orders.
Section 37-1-99 - Rates and Orders of Commission Deemed Prima Facie Reasonable and Valid.
Section 37-1-100 - Effective Date of Orders.
Section 37-1-101 - Modification of Orders.
Section 37-1-102 - Record of Proceedings.
Section 37-1-103 - Substantial Compliance by Commission With Requirements of Title Sufficient.
Section 37-1-104 - Power of Circuit Court to Compel Compliance With Commission Orders, Etc.