[Code of Federal Regulations]
[Title 18, Volume 1]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 18CFR45.1]

[Page 308]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 45_APPLICATION FOR AUTHORITY TO HOLD INTERLOCKING POSITIONS--Table of Contents
 
Sec. 45.1  Applicability; who must file.




Sec.
45.1 Applicability; who must file.
45.2 Positions requiring authorization.
45.3 Time of filing application.
45.4 Supplemental applications.
45.5 Supplemental information.
45.6 Termination of authorization.
45.7 Form of application; number of copies.
45.8 Contents of application; filing fee.
45.9 Automatic authorization of certain interlocking positions.

    Authority: Department of Energy Organization Act, 42 U.S.C. 7101-
7352 (1982); Exec. Order No. 12,009, 3 CFR 142 (1978); Independent 
Offices Appropriations Act, 31 U.S.C. 9701 (1982); Federal Power Act, 16 
U.S.C. 791a-825r (1982); Public Utility Regulatory Policies Act, 16 
U.S.C. 2601-2645 (1982).

    Source: Order 141, 12 FR 8501, Dec. 19, 1947, unless otherwise 
noted.

    Cross References: For rules of practice and procedure, see part 385 
of this chapter. For forms under rules of practice and regulations under 
the Federal Power Act, see part 131 of this chapter.


    (a) This part applies to any person seeking to hold the following 
interlocking positions:
    (1) Officer or director of more than one public utility;
    (2) Officer or director of a public utility and of any bank, trust 
company, banking association, or firm that is authorized by law to 
underwrite or participate in the marketing of securities of a public 
utility; or
    (3) Officer or director of a public utility and of any company 
supplying electrical equipment to a public utility.
    (b) Any person seeking to hold any interlocking position described 
in Sec. 45.2 of this chapter must do the following:
    (1) Apply for Commission authorization under Sec. 45.8 of this 
chapter; or
    (2) If qualified, comply with the requirements for automatic 
authorization under Sec. 45.9 of this chapter.

[Order 446, 51 FR 4904, Feb. 10, 1986]