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42 U.S.C. § 16453 — Federal access to books and records
Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** Each holding company and each associate company thereof shall maintain, and shall make available to the Commission, such books, accounts, memoranda, and other records as the Commission determines are relevant to costs incurred by a public utility or natural gas company that is an associate company of such holding company and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.
**(b) Affiliate companies** Each affiliate of a holding company or of any subsidiary company of a holding company shall maintain, and shall make available to the Commission, such books, accounts, memoranda, and other records with respect to any transaction with another affiliate, as the Commission determines are relevant to costs incurred by a public utility or natural gas company that is an associate company of such holding company and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.
**(c) Holding company systems** The Commission may examine the books, accounts, memoranda, and other records of any company in a holding company system, or any affiliate thereof, as the Commission determines are relevant to costs incurred by a public utility or natural gas company within such holding company system and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.
**(d) Confidentiality** No member, officer, or employee of the Commission shall divulge any fact or information that may come to his or her knowledge during the course of examination of books, accounts, memoranda, or other records as provided in this section, except as may be directed by the Commission or by a court of competent jurisdiction.
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Stable record: federal_law:legal_authorities:record_usc_eafaa9c80f0bfb3f25ac6aff
Source file: Laws/federal/codes/united-states-code/title-42/section-16453-federal-access-to-books-and-records--fcb32c2fdc.md
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Source location: Title 42, Chapter 149, § 16453; chapter-149-national-energy-policy-and-programs.md
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**(a) In general** Each holding company and each associate company thereof shall maintain, and shall make available to the Commission, such books, accounts, memoranda, and other records as the Commission determines are relevant to costs incurred by a public utility or natural gas company that is an associate company of such holding company and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.
**(b) Affiliate companies** Each affiliate of a holding company or of any subsidiary company of a holding company shall maintain, and shall make available to the Commission, such books, accounts, memoranda, and other records with respect to any transaction with another affiliate, as the Commission determines are relevant to costs incurred by a public utility or natural gas company that is an associate company of such holding company and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.
**(c) Holding company systems** The Commission may examine the books, accounts, memoranda, and other records of any company in a holding company system, or any affiliate thereof, as the Commission determines are relevant to costs incurred by a public utility or natural gas company within such holding company system and necessary or appropriate for the protection of utility customers with respect to jurisdictional rates.
**(d) Confidentiality** No member, officer, or employee of the Commission shall divulge any fact or information that may come to his or her knowledge during the course of examination of books, accounts, memoranda, or other records as provided in this section, except as may be directed by the Commission or by a court of competent jurisdiction.
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Federal law — U.S. Code and appendices · legal_authorities
Not later than 4 months after August 8, 2005, the Commission shall—
(1) issue such regulations as may be necessary or appropriate to implement this part (other than [section 16453 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section16453&num=0&edition=prelim), relating to State access to books and records); and
(2) submit to Congress detailed recommendations on technical and conforming amendments to Federal law necessary to carry out this part and the amendments made by this part.
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 16461
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Federal law — U.S. Code and appendices · legal_authorities
Page 8902
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 16452
XII of Pub. L. 109–58, Aug. 8, 2005, 119 Stat. 972, which
enacted this part, amended sections 824 and 824m of
Title 16, Conservation, repealed chapter 2C (§ 79 et seq.)
of Title 15, Commerce and Trade, and section 825q of
Title 16, and enacted provisions set out as notes under
this section and section 15801 of this title. For complete
classification of subtitle F to the Code, see Short Title
note set out under section 15801 of this title and Tables.
For the effective date of this part, referred to in par.
(6), see Effective Date note set out below.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Pub. L. 109–58, title XII, § 1274, Aug. 8, 2005, 119 Stat.
977, provided that:
‘‘(a) IN GENERAL.—Except for section 1272 [42 U.S.C.
16460] (relating to implementation), this subtitle [sub-
title F (§§ 1261 to 1277) of title XII of Pub. L. 109–58, en-
acting this part, amending sections 824 and 824m of
Title 16, Conservation, repealing chapter 2C (§ 79 et seq.)
of Title 15, Commerce and Trade, and section 825q of
Title 16, and enacting provisions set out as a note under
section 15801 of this title] shall take effect 6 months
after the date of enactment of this subtitle [Aug. 8,
2005].
‘‘(b) COMPLIANCE WITH CERTAIN RULES.—If the [Fed-
eral Energy Regulatory] Commission approves and
makes effective any final rulemaking modifying the
standards of conduct governing entities that own, oper-
ate, or control facilities for transmission of electricity
in interstate commerce or transportation of natural
gas in interstate commerce prior to the effective date
of this subtitle, any action taken by a public-utility
company or utility holding company to comply with
the requirements of such rulemaking s
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 16453
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