N.H. Code Admin. R. Puc 3005.06 - Commission Claims Against CNGS's Financial Security

(a) Upon the occurrence of a sanctionable event by or with respect to a CNGS that requires or involves the payment of money and if payment has not been made by the CNGS within 14 days of a commission order requiring such payment, the commission shall make a claim under, or pursue an action against, the financial security provided by the CNGS under Puc 3003.01(c)(1), Puc 3003.02(a)(2), and Puc 3003.03.
(b) The amounts and order of payment priority shall be as follows:
(1) Customer complaint reparations or restitution amounts, ordered by the commission to be paid following notice and hearing, and remaining unpaid by the CNGS for 30 days or more after the date due;
(2) Costs incurred as necessary to ensure continuous service to a CNGS's customers through LDC sales service or another CNGS;
(3) Fines assessed by the commission under Puc 3005.01, and remaining unpaid by the CNGS for 60 days or more after the date due; and
(4) Commission annual assessment amounts remaining unpaid by the CNGS on June 1 of any calendar year, in the absence of a pending objection under RSA 363-A:4 or an exemption under RSA 363-A:5.


N.H. Code Admin. R. Puc 3005.06
Derived from Volume XXXIX Number 16, Filed April 18, 2019, Proposed by #12757, Effective 6/1/2019, Expires 6/1/2029.

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.

No prior version found.