49-31-117. Commission disbursement of certain bond or other proceeds to affected customers--Interest.
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/sd/title-49/chapter-49-31/49-31-117A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon receipt of any bond, letter of credit, or other proceeds that are payable to the commission and were issued to protect the financial interests of customers of a telecommunications company, the commission shall disburse the proceeds to affected customers pursuant to chapter 1-26 . Any interest and other revenue earned on the proceeds shall accrue for the benefit of the affected customers.