20VAC5-203-30. Relations between cooperatives and affiliates thereof not engaged in regulated utility services.
A. The following practices are prohibited:
1. Cost shifting or cross subsidies between a cooperative and its nonregulated affiliates;
2. Anticompetitive behavior or self-dealing between a cooperative and its nonregulated affiliates; and
3. Discriminatory behavior by a cooperative toward competing suppliers.
B. A cooperative shall include with each application seeking approval of affiliate contracts or arrangements filed with the commission pursuant to Chapter 4 (§ 56-76 et seq.) of Title 56 of the Code of Virginia:
1. A listing and description of internal controls that prevent the practices enumerated in subsection A of this section; and
2. A listing and description of internal controls effecting the Codes of Conduct set forth in 20VAC5-203-40.
Statutory Authority
§§ 12.1-13, 56-231.34:1 and 56-231.50:1 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 16, Issue 23, eff. July 1, 2000.