Public Utility Corporations
Underwriting Manuals
Standard Exceptions
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Table of Contents
PUC
Public Utility Corporations
A public utility may include a railroad, water, gas, electric, telephone, telegraph, trucking, pipeline, or airline company. Some acts of public utilities such as loan transactions or sales may require authorization of the Interstate Commerce Commission, Federal Power Commission or other federal agency, and/or state agency (such as a Public Utilities or Railroad Commission). You should consult with the Company before insuring such transaction.
Requirements
PUCR01
STG
12/01/1995
V
2
Regulatory Approval
The Company requires for its review satisfactory evidence of approval of the proposed transaction by applicable regulatory authority.
Comment: A public utility may include a railroad, water, gas, electric, telephone, telegraph, trucking, pipeline, or airline company. Some acts of public utilities such as loan transactions or sales may require authorization of the Interstate Commerce Commission, Federal Power Commission or other federal agency, and/or state agency (such as a Public Utilities or Railroad Commission). You should consult with the Company before insuring such transaction.
Comment: A public utility may include a railroad, water, gas, electric, telephone, telegraph, trucking, pipeline, or airline company. Some acts of public utilities such as loan transactions or sales may require authorization of the Interstate Commerce Commission, Federal Power Commission or other federal agency, and/or state agency (such as a Public Utilities or Railroad Commission). You should consult with the Company before insuring such transaction.