Refunds of excessive rate collections under bond

Ark. Code Ann. § 23-4-630 — under Regulation of Rates and Charges Generally.

Ark. Code Ann. § 23-4-630

In the event a public utility shall have implemented under bond or other arrangements as a matter involving an immediate and impelling necessity under § 23-4-624 an amount which exceeds that allowed by the Arkansas Department of Transportation in its final order, the department shall order the immediate refund of the excessive bonded collections.