§ 39-17-6. Rate increases during term of franchise.
No corporation which shall acquire exclusive rights or franchises under the provisions of this chapter, shall at any time during the continuance thereof charge for its product, wares, or service, to any town or city or the inhabitants thereof, any greater price than the price actually charged by it at the time of the granting of the rights or franchises, both prices being reckoned in United States gold coin of the standard weight and fineness in force at the time of the granting of the right or franchise, or in the equivalent thereof in actual value in other lawful money of the United States.
History of Section.G.L. 1896, ch. 77, § 4; G.L. 1909, ch. 91, § 4; G.L. 1923, ch. 103, § 4; G.L. 1938, ch. 126, § 4; G.L. 1956, § 39-17-6.
Structure Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Section 39-17-1. - Power of town or city to grant franchises.
Section 39-17-3. - Franchise tax payable to city or town.
Section 39-17-4. - Apportionment of gross earnings among cities and towns.
Section 39-17-5. - Delinquencies in franchise tax.
Section 39-17-6. - Rate increases during term of franchise.