704.325 - Limitations on application of security or proceeds.

704.325  Limitations on application of security or proceeds.  No public utility shall, without the consent of the Commission, apply any security or any proceeds thereof to any purpose not specified in the Commission’s order, or supplemental order, or to any purpose in excess of the amount allowed for such purpose in such order, or otherwise in contravention of such order.

      (Added to NRS by 1957, 445)