49-1A-10. Record of expenditures--Determination of surplus or deficiency--Notice to company--Objection--Hearing--Appeal.
The Public Utilities Commission shall keep and maintain a detailed record of the amount expended from each deposit by each company making a deposit pursuant to §49-1A-8 or 49-31-12.6. Upon the final decision of the Public Utilities Commission, the commission shall make a determination as to the surplus or deficiency of the deposit and shall give the company making the deposit, within thirty days of the final decision, notice in writing of the itemization and the amount that is proposed to be returned or charged to such company. The company making the deposit may thereafter within thirty days file with the commission objections setting out the grounds upon which it is claimed that an excessive amount has been expended. The commission shall within thirty days of receiving such objections hold a hearing and issue an order in accordance with its findings as to the proper amount to be returned or charged to the company. The order may be appealed pursuant to chapter 1-26.
Source: SL 1976, ch 296, §14; SL 1991, ch 381, §9; SL 1994, ch 352, §10.
Structure South Dakota Codified Laws
Title 49 - Public Utilities and Carriers
Chapter 01A - Public Utilities Commission Gross Receipts Tax Fund
Section 49-1A-1 - Purpose of fund.
Section 49-1A-2 - Gross receipts tax fund established.
Section 49-1A-3 - Annual intrastate gross receipts tax levied--Amount.
Section 49-1A-5 - Tax payment date.
Section 49-1A-6 - Penalty for late payment--Collection procedure.
Section 49-1A-9 - Deposit used to defray analyzing and ruling expenses--Payment on warrants.
Section 49-1A-11 - Actual costs assessed to electric or gas utility or to a utility's supplier.