N.J. Admin. Code § 14:18-4.6 - Deposits to insure credit

(a) Where the credit of a customer is not established or where a customer is in default in the payment of bills, the cable television company may require a reasonable deposit as a condition of supplying service or continuing service.

(b) The credit established, by whatever method, shall apply at any location within the area of the cable television company furnishing the service; that is, service is not to be regarded as restricted to a particular location.

(c) The amount of a deposit shall be reasonably related to the charge for service during a billing period, provided such period does not exceed two months.

(d) In all cases where bills are rendered quarterly, semi-annually or annually, the amount of deposit shall not exceed the estimated average charge for service during any two months of the billing period.

(e) In determining the amount of any deposit, there shall be excluded from the average bill such portion thereof, if any, for which payment is received in advance.

(f) Interest, at the prevailing rate determined pursuant to N.J.A.C. 14:18-3.1 9, shall be paid by the cable television company on all credit deposits held by it, provided the deposit has remained with the cable television company for at least six months. Moneys collected as deposits, pursuant to this section, shall be held in a separate account and shall not be used for any purpose other than the maintenance of customer accounts.

(g) Where a customer is in default in the payment of bills, service shall not be discontinued for failure to make such deposit except after proper notice, in accordance with N.J.A.C. 14:18-3.9(b).

(h) If a customer who has made a deposit fails to pay a bill, the cable television company may apply such deposit insofar as is necessary to liquidate the bill and may require that the deposit be restored to its original amount.

Notes

N.J. Admin. Code § 14:18-4.6

Amended by R.2000 d.155, effective 4/17/2000.
See: 31 N.J.R. 3061(a), 32 N.J.R. 1402(a).
In (f), substituted a reference to cable television companies for a reference to companies.
Public Notice: Interest rates on deposits.
See: 33 N.J.R. 136(a).
Public Notice: Interest rates on deposits.
See: 33 N.J.R. 333(a).
Public Notice: Interest rates on deposits.
See: 33 N.J.R. 734(b).
Public Notice: Interest rates on deposits.
See: 33 N.J.R. 4396(a).
Public Notice: Interest rates on deposits.
See: 34 N.J.R. 4478(a).
Amended by R.2003 d.452, effective 11/17/2003.
See: 35 N.J.R. 100(a), 35 N.J.R. 5294(a).
Substituted "customer" for "subscriber" throughout.
Public Notice: Notice of Applicable Interest Rate on Customer Deposits Effective for Calendar Year 2004.
See: 35 N.J.R. 5623(b).
Public Notice: Notice of applicable interest rate on customer deposits; effective for calendar year 2006.
See: 37 N.J.R. 4329(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2007.
See: 38 N.J.R. 5421(a).
Amended by R.2007 d.154, effective 5/7/2007.
See: 38 N.J.R. 4822(b), 39 N.J.R. 1766(a).
In (f), substituted "Interest" for "Simple interest".
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2009.
See: 41 N.J.R. 322(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2010.
See: 41 N.J.R. 4570(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2011.
See: 42 N.J.R. 2999(b).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2013.
See: 44 N.J.R. 3087(c).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2014.
See: 45 N.J.R. 2410(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2015.
See: 46 N.J.R. 2288(b).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2016.
See: 47 N.J.R. 3063(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2017.
See: 48 N.J.R. 2640(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2019.
See: 50 N.J.R. 2269(a).
Public Notice: Notice of applicable interest rate on customer deposits effective for calendar year 2020.
See: 51 N.J.R. 1806(c).