Iowa Code § 476.75

Audits required
Open in Lexace · Ask the AI about this section
The commission may periodically retain a nationally or regionally recognized independent auditing firmto conduct an audit of the transactions between a public utilityand its affiliates. An affiliatetransaction audit shall not be conducted more frequently than every three years, unless ordered by the commission for good cause. The cost of the audit shall be paid by the public utility to the independent auditing firm and shall be included in its regulated rates and charges, unless otherwise ordered by the commission for good cause after providing the public utilitythe opportunity for a hearing on the commission’s decision.

‹ Prev All Iowa sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.