Illinois Code § 18c-3205
Illinois Code § 18c-3205. Reproduced from the official Illinois Compiled Statutes, with a citation summary, verification link, and related provisions.
§ 18c-3205.
(from Ch. 95 1/2, par. 18c-3205) Sec. 18c-3205. Ratemaking Standards. (1) Reasonableness. Rates for household goods common carrier service must be just, reasonable, and not discriminatory. (2) Factors to be Considered. The Commission shall, in exercising its ratemaking powers consider, among other factors, the inherent advantages of transportation by a particular class of carriers, the public need for and interest in adequate and efficient transportation service, at rates consistent with provision of such service, and the revenue needs of carriers under honest, economical and efficient management. (3) Factors Not Considered. The Commission shall not, in exercising its ratemaking powers, consider the value of any operating authority held by a carrier, or the value of any goodwill or earning power connected with operations of the carrier. (Source: P.A. 89-444, eff. 1-25-96.)
Source: official Illinois text · Last verified 2026-08-27
At a glance
- Citation: Illinois Compiled Statutes § 18c-3205
- Jurisdiction: Illinois
- Code: Illinois Compiled Statutes
- Text: transcribed from the official source (verify below)
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