<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 49-31-4.1 - Hearings on price regulation--Petition--Adoption of price regulation for noncompetitive service. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070416Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070416SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070416CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070416Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070416DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2070416Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070416000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070416SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070416SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2070416Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-31-4.1"><span class="s2070416SENU">49-31-4.1</span></a><span xml:space="preserve" class="s2070416SENU">. </span><span class="s2070416CL">Hearings on price regulation--Petition--Adoption of price regulation for noncompetitive service.</span></p><p dir="ltr" class="s2070416Normal-000000"><span xml:space="preserve" class="s2070416DefaultParagraphFont">The commission shall, on its own motion or upon petition, hold public hearings investigating methods of price regulation consistent with § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-31-1.4"><span class="s2070416DefaultParagraphFont">49-31-1.4</span></a><span xml:space="preserve" class="s2070416DefaultParagraphFont"> and chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-26"><span class="s2070416DefaultParagraphFont">1-26</span></a><span class="s2070416DefaultParagraphFont">. Within thirty days of its receipt of a petition filed pursuant to this section, the commission shall issue a procedural schedule setting forth dates by which written direct testimony or data shall be filed and ordering the date for commencement of a hearing.</span></p><p dir="ltr" class="s2070416Normal-000001"><span class="s2070416DefaultParagraphFont">If the investigation indicates that pricing regulation is appropriate for any noncompetitive service because such regulation has a positive impact on universal service and is more reasonable and fair than rate of return regulation, the commission may adopt pricing regulation for any such noncompetitive service.</span></p><p dir="ltr" class="s2070416Normal"><span xml:space="preserve" class="s2070416000002"> </span></p><p dir="ltr" class="s2070416Normal"><span class="s2070416SCL">Source:</span><span xml:space="preserve" class="s2070416SCL-000003"> SL 1988, ch 375, § 12; SL 1992, ch 328, § 8.</span></p></div></body></html>