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Pennsylvania Code (Last Updated: April 5, 2016) |
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Title 52. PUBLIC UTILITIES |
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PART I. Public Utility Commission |
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Subpart C. Fixed Service Utilities |
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Chapter 64. Standards and Billing Practices for Residential Telephone Service |
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SubChapter C. CREDIT AND DEPOSIT STANDARDS POLICY |
Section 64.41. Interest
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Interest calculated under section 202 of the act of January 30, 1974 (P. L. 13, No. 6) (41 P. S. § 202), known to as the Loan Interest and Protection Law, shall be payable on deposits without deductions for taxes thereon. Interest shall be paid annually to the customer or, at the option of either the LEC or the customer, shall be applied to the customer’s bill.
The provisions of this § 64.41 adopted November 30, 1984, effective January 1, 1985, 14 Pa.B. 4354; amended July 14, 1989, effective July 15, 1989, 19 Pa.B. 3042; amended July 21, 1995, effective July 22, 1995, 25 Pa.B. 2887; amended December 15, 2006, effective December 16, 2006, 36 Pa.B. 7558. Immediately preceding text appears at serial page (246502).
Notation
The provisions of this § 64.41 amended under the Public Utility Code, 66 Pa.C.S. § § 501, 1301—1325 and 1501—1511.