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Simple English definitions for legal terms

Public Utility Holding Company Act

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A quick definition of Public Utility Holding Company Act:

The Public Utility Holding Company Act is a law that was created in 1935 to protect people who invest in utility companies and the consumers who use their services. It was made to prevent a small number of holding companies from owning most of the utilities in the country, which could lead to economic disadvantages for investors and consumers. The law also helps to prevent deceptive advertising of securities.

A more thorough explanation:

The Public Utility Holding Company Act (PUHCA) is a federal law that was enacted in 1935 to protect investors and consumers from the economic disadvantages produced by the small number of holding companies that owned most of the nation's utilities. The Act also aimed to protect the public from deceptive security advertising.

For example, if a holding company owned most of the power plants in a state, it could charge high prices for electricity, leaving consumers with no other options. PUHCA was designed to prevent this kind of monopoly and ensure fair competition in the utility industry.

Overall, PUHCA was created to protect the public from unfair practices in the utility industry and promote fair competition.

public utility district | public wrong

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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