Strengthens audit requirements for rural water companies and expands Public Service Commission authority over these companies.
Mississippi SB2313 amends the Mississippi Code to strengthen audit requirements for rural water companies. It stipulates that nonprofit, nonshare corporations that fail to timely file required reports may face penalties, including dissolution or disallowance of nonprofit status. The bill also authorizes the Public Service Commission to cancel a rural water company's certificate to provide service if it is found not to be providing reasonably adequate service.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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