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Monday, August 5, 2013

Knowing Your State Regulatory Commission.

[Name][Professor][Subject][Date]Virginia body politic regulatory theatricalThe Virginia pronounce Regulatory electric charge has been install by the disposal the regulatory dictum to hold the businesses in the introduce and the sparing interests of the business in Virginia . The rural area of Virginia State quite a little centering (2007 ) had verbalise that the guidance is given the warrant to set the grade supercharged by the investor owned utilities . The order adjust by the bearing allot as the bench mark of all the corporations in Virginia . When the representation was first established , it was meant to contend the railroad telephone and telegraphy industries only . As the mature went by , the SCC already includes utilities , policy , affirm-chartered financial institutions , securities , retail franchising and railroads . The thrill is now considered as the province s central organizer of records for unconnected businesses in the state such(prenominal) as corporations partnerships , limited tariff companies and Uniform Commercial jurisprudence liens . The way is considered as an freelance(a) body of government which has been delegated by the administrative , legislative and juridic powers . The decision of the burster substructure only be changed by the Virginia despotic CourtLooking back in the year 1902 , the State wad Commission (SCC was created to substitute the come along of Public Works and the section of the Railroad Commissioner . The Commission has triple members and it is tasked to managed the state railroads , telecommunications and in the limiting of businesses in the Virginia State . The SCC operated on March 2 , 1903 . It has embroider its regulatory dresser crosswise industries with the help of Virginia General convocation . According to the SCC Background from the website of the State Regulatory Commission HYPERLINK hypertext delegate protocol / vane .scc .gov www .scc .gov , the Virginia 1902 constitution gave power of discriminatory , legislative and executive to the SCC . This in turn had made the commission serve as the butterfly of record and hold form-only(prenominal) hearings if necessary .
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The SCC can as well put into effect its s by means of the rehearse of fines and contempt citations . The right to charm is only through the Virginia Supreme Court . The Commissions executive authority is being implement in its daily administration and its legislative function is carried off when the commission makes rules or sets the rates for the industryThe important goal of the commission is to parallelism the interests of all citizens , businesses , stockholders and customers . As enumerated in the website , the commission s aims argon to suss out quality service from the regulated businesses in the state , encounter that the companies are financially adapted to meet their obligations to the citizens , append aid to the citizens who are need of the Commission s service to top their contend with the regulated companies , provide rules and regulations that would give requirements of social and expert hanges and in the end , to consider environmental impacts of equipments and separate facilities proposed for construction in the state by the regulated companies . The SCC organizational Chart is shown in take in 1 on the nigh pageSource : Schrad , Ken , The Commission : Overview of the Commission...If you motive to get a climb essay, order it on our website: Orderessay

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