Refunds of excessive rate collections under bond

Ark. Code Ann. § 23-4-414 — under Regulation of Rates and Charges Generally.

Ark. Code Ann. § 23-4-414

In the event a public utility has implemented under bond or other arrangements as a matter involving an immediate and impelling necessity pursuant to § 23-4-408 an amount which exceeds that allowed by the Arkansas Public Service Commission in its final order, the commission shall order the immediate refund of the excessive bonded collections.