§1336. Regulation by the commission
A. The commission shall regulate each trust concomitant with the commission's
regulation of the related utility. Notwithstanding such regulation, a trust shall not be
considered a public utility and shall not be considered an agent of any utility.
B. Any expenses of examination by the commission shall be charged only to the trust
being examined and recovered only from the related utility's share of the distributions or
redemptions in respect of the preferred interests held by that trust as provided in R.S.
45:1338.
Acts 2021, No. 293, §3, eff. June 14, 2021.