SECTION 165:5-3-24. Payment of assessments

(a)   Each public utility shall pay an assessment in equal amounts on a quarterly basis. For each fiscal year, the first quarterly payment shall be due no later than thirty (30) days from the mailing date of the notice provided by 165:5-3-22(c). Subsequent payments will be due as follows:

(1)   Second quarterly payment due no later than October 1.

(2)   Third quarterly payment due no later than January 1.

(3)   Fourth quarterly payment due no later than April 1.

(b)   A public utility may, at its discretion, pay its annual assessment prior to the due date of the quarterly payments.

[Source: Added at 10 Ok Reg 4517, eff 9-1-93 (emergency); Added at 11 Ok Reg 3681, eff 7-11-94; Amended at 27 Ok Reg 2098, eff 7-11-10]