Sec. 714. BOOKS AND RECORDS

335 words·~2 min read·/statute-compilations/comps-8931/sec-714

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

## SEC. 714 BOOKS AND RECORDS Section 201 of the Federal Power Act is amended by adding the following new subsection at the end thereof: > > ### “(g) Books and Records > > > ####

(1)> > Upon written order of a State commission, a State commission may examine the books, accounts, memoranda, contracts, and records of— > > > ##### “(A) > > an electric utility company subject to its regulatory authority under State law, > > > ##### “(B) > > any exempt wholesale generator selling energy at wholesale to such electric utility, and > > > ##### “(C) > > any electric utility company, or holding company thereof, which is an associate company or affiliate of an exempt wholesale generator which sells electric energy to an electric utility company referred to in subparagraph (A), > > wherever located, if such examination is required for the effective discharge of the State commission's regulatory responsibilities affecting the provision of electric service. > > > #### “(2) > > Where a State commission issues an order pursuant to paragraph (1), the State commission shall not publicly disclose trade secrets or sensitive commercial information. > > > #### “(3) > > Any United States district court located in the State in which the State commission referred to in paragraph

(1)is located shall have jurisdiction to enforce compliance with this subsection. > > > #### “(4) > > Nothing in this section shall— > > > ##### “(A) > > preempt applicable State law concerning the provision of records and other information; or > > > ##### “(B) > > in any way limit rights to obtain records and other information under Federal law, contracts, or otherwise. > > > #### “(5) > > As used in this subsection the terms ‘**affiliate**’, ‘associate company’, ‘electric utility company’, ‘holding company’, ‘subsidiary company’, and ‘exempt wholesale generator’ shall have the same meaning as when used in the Public Utility Holding Company Act of 1935.” > .