Public Utilities. Regulation: Holding Companies. Lack of Economic Justification Held Sufficient Basis for Dissolution of Public Utility Holding Company

1951 ◽  
Vol 64 (6) ◽  
pp. 1013

1936 ◽  
Vol 30 (3) ◽  
pp. 522-537
Author(s):  
Orren C. Hormell

The trends in state public utilities legislation which were clearly discernible in 1933 continued in somewhat modified form in state legislation during the biennium 1934–35. Only a comparatively few out of the vast number of proposed utilities measures became law. The laws enacted, however, contain features which if adopted generally may have far-reaching effect upon the future of state regulation of public utilities. The intended effects of such features are: (1) to further the creation of public corporations empowered to furnish public utility services; (2) to establish a new method of utilities regulation in the form of contractual relations between the federal government or federal agencies on the one hand and public utilities corporations on the other; (3) to stimulate municipal ownership and operation of selected public utilities.













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