PUBLIC UTILITY HOLDING COMPANY ACT

PUBLIC UTILITY HOLDING COMPANY ACT

Public Utility Holding Company Act. A federal law enacted in 1935 to protect investors and consumers from the economic disadvantages produced by the small number of holding companies that owned most of the nation’s utilities. ? The Act also sought to protect the public from deceptive security advertising.15 USCA ¡ì¡ì 79 et seq. ¡ª Abbr. PUHCA. [Cases: Public Utilities 211¨C216. C.J.S. Public Utilities ¡ì¡ì 139¨C160.]
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