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December 28, 2021, Advice Letter No. 1196G (U 905 G) Public Utilities Commission of the State of California Subject: Update to California Affiliate Transaction Rules Compliance Plan Southwest Gas
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What is affiliate rules and holding?
Affiliate rules and holding refer to regulations and requirements related to companies that have a controlling interest in other companies.
Who is required to file affiliate rules and holding?
Companies with substantial ownership in other companies are typically required to file affiliate rules and holding disclosures.
How to fill out affiliate rules and holding?
Companies can fill out affiliate rules and holding disclosures by providing detailed information about their ownership interests and relationships with other companies.
What is the purpose of affiliate rules and holding?
The purpose of affiliate rules and holding is to promote transparency and prevent conflicts of interest in business relationships.
What information must be reported on affiliate rules and holding?
Companies must report information such as the percentage of ownership in affiliated companies, any financial transactions between affiliated companies, and any shared board members.
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