PUC
Public Utility Corporations
A public utility may include a railroad, water, gas, electric, telephone, telegraph, trucking, pipeline, or airline company. Some acts of public utilities such as loan transactions or sales may require authorization of the Interstate Commerce Commission, Federal Power Commission or other federal agency, and/or state agency (such as a Public Utilities or Railroad Commission). You should consult with the Company before insuring such transaction.
Requirement
PUCR01 STG
Regulatory Approval
The Company requires for its review satisfactory evidence of approval of the proposed transaction by applicable regulatory authority.
Comment: A public utility may include a railroad, water, gas, electric, telephone, telegraph, trucking, pipeline, or airline company. Some acts of public utilities such as loan transactions or sales may require authorization of the Interstate Commerce Commission, Federal Power Commission or other federal agency, and/or state agency (such as a Public Utilities or Railroad Commission). You should consult with the Company before insuring such transaction.