49-31-86 Restrictions on price changes for local exchange service--Exemption for promotions.
Restrictions on price changes for local exchange service--Exemption for
Prices for residential and business local exchange service, both recurring and
nonrecurring, for a telecommunications company with more than two hundred thousand retail access
lines in the state may not be changed unless reduced by the company. If the telecommunications
company reduces its prices for residential or business local exchange service pursuant to §§ 49-31-1
to 49-31-88, inclusive, it may not subsequently increase such prices. However, this restriction does
not apply to promotions that last ninety days or less. The telecommunications company shall publicly
announce the beginning and ending date of the promotion period. The provisions of § 49-31-4 and
§§ 49-31-12 to 49-31-12.5, inclusive, do not apply to prices for services regulated by this section.
Source: SL 1998, ch 274, § 30; SL 1999, ch 226, § 1.