Section 587 Of Article 5. Reports To The Commission From California Public Utilities Code >> Division 1. >> Part 1. >> Chapter 3. >> Article 5.
587
. Every water corporation with more than 2,000 service
connections, and every electrical, gas, and telephone corporation
shall annually prepare and submit to the commission a report
describing all significant transactions, as specified by the
commission, between the corporation and every subsidiary or affiliate
of, or corporation holding a controlling interest in, the water,
electrical, gas, or telephone corporation. The report shall identify
the nature of the transactions and the terms and conditions applying
to them, including, but not limited to, the basis upon which cost
allocations and transfer pricing were established for the
transactions.