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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 20. Public Utilities and Telecommunications |
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Agency 5. State Corporation Commission |
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Chapter 414. Bad Check Charges and Late Payment Charges |
Section 10. Definitions
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The following words and terms when used in this chapter shall have the following meanings unless the context clearly indicates otherwise:
"Bad check charge" means a service charge imposed for a check received in payment of a customer's account, which check is lawfully dishonored by the payor bank.
"Commission" means the State Corporation Commission.
"Customer" means any person, firm, partnership, corporation, or lawful entity that purchases local exchange telecommunications services.
"Late payment charge" means a fee assessed against any customer charges not timely paid.
"Local exchange carrier (LEC)" means a provider, certificated pursuant to Chapter 10.1 (§ 56-265.1 et seq.) of Title 56 of the Code of Virginia, offering local exchange services.
Historical Notes
Derived from Volume 25, Issue 07, eff. December 1, 2008.
Statutory Authority
§ 12.1-13 of the Code of Virginia.