Section 49-31-98 - Agencies to establish cost recovery mechanism for certain mandated services--Exemption

49-31-98. Agencies to establish cost recovery mechanism for certain mandated services--Exemption.Any decision or order by any agency which requires the provision of telecommunications services, in excess of voice grade local exchange service, shall establish a cost recovery method or mechanism to ensure that the telecommunications company will be able to recover the cost of the investment or expense in a period not to exceed ten years, from the services that result from such mandate. These costs may be recovered either regionally or statewide at the discretion of the agency. This section does not affect any decision or order made by any agency to comply with 47 U.S.C. §251 as of January 1, 1999. Source: SL 1999, ch 225, §1.