Ohio Code § 4909.42
Ohio Code § 4909.42. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 4909.42.
Except as provided for in section 4909.421 of the Revised Code , if the proceeding on an application filed with the public utilities commission under section 4909.18 of the Revised Code by any public utility requesting an increase on any rate, joint rate, toll, classification,
charge, or rental or requesting a change in a regulation or practice affecting the
same has not been concluded and an order entered pursuant to section 4909.19 of the Revised Code at the expiration of two hundred seventy-five days from the date of filing the application,
an increase not to exceed the proposed increase shall go into effect upon the filing
of a bond or a letter of credit by the public utility. The bond or letter of credit shall be filed with the commission and shall be payable
to the state for the use and benefit of the customers affected by the proposed increase
or change. An affidavit attached to the bond or letter of credit must be signed by two of the
officers of the utility, under oath, and must contain a promise on behalf of the utility
to refund any amounts collected by the utility over the rate, joint rate, toll, classification,
charge, or rental, as determined in the final order of the commission. All refunds shall include interest at the rate stated in section 1343.03 of the Revised Code . The refund shall be in the form of a temporary reduction in rates following the
final order of the commission, and shall be accomplished in such manner as shall be
prescribed by the commission in its final order. The commission shall exercise continuing and exclusive jurisdiction over such refunds. If the public utilities commission has not entered a final order within five hundred
forty-five days from the date of the filing of an application for an increase in rates
under section 4909.18 of the Revised Code , a public utility shall have no obligation to make a refund of amounts collected
after the five hundred forty-fifth day which exceed the amounts authorized by the
commission's final order. Nothing in this section shall be construed to mitigate any duty of the commission
to issue a final order under section 4909.19 of the Revised Code .
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 4909.42
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 4909.42?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 4909.42 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 4909.42 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.