Section 30. Relations between cooperatives and affiliates thereof not engaged in regulated utility services  


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  • 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.

Historical Notes

Derived from Volume 16, Issue 23, eff. July 1, 2000.

Statutory Authority

§§ 12.1-13, 56-231.34:1 and 56-231.50:1 of the Code of Virginia.