(1) The commission may require regulated telecommunications service providers to post a bond or provide other security as a condition of obtaining a certificate, registration, or operating authority, whichever instrument or instruments apply. In setting the amount of the bond or security, the commission may consider the following criteria:
The financial viability of the service provider, as evidenced by its audited financialstatements and its general credit history;
The total amount of deposits made by customers to the provider to obtain service andthe aggregate amount of prepayments made by customers for monthly regulated service; and
The history of the provider's statutory payment obligations, including those to theColorado high cost support mechanism, the Colorado telephone relay system, and the Colorado telecommunications utility fund.
(2) The commission may promulgate rules to implement this section and may impose additional criteria consistent with this section.
Source: L. 2003: Entire section added, p. 1700, § 7, effective May 14. L. 2013: (1)(c) amended, (SB 13-194), ch. 89, p. 289, § 3, effective April 1. L. 2019: (1)(c) amended, (SB 19236), ch. 359, p. 3316, § 25, effective May 30.
Working support group - duties - composition - repeal. (Repealed)
Source: L. 95: Entire part added, p. 752, § 1, effective May 24.
Editor's note: Subsection (4) provided for the repeal of this section, effective July 1, 1997. (See L. 95, p. 752.)
Committee on telecommunications policy - creation - duties - repeal.
(Repealed)
Source: L. 95: Entire part added, p. 753, § 1, effective May 24.
Editor's note: Subsection (5) provided for the repeal of this section, effective July 1, 1997. (See L. 95, p. 753.)
Advisory committee to committee on telecommunications policy creation - duties - repeal. (Repealed)
Source: L. 95: Entire part added, p. 754, § 1, effective May 24.
Editor's note: Subsection (3) provided for the repeal of this section, effective July 1, 1997. (See L. 95, p. 754.)
Funding and appropriations - telecommunications policy developmentfund - creation - repeal. (Repealed)
Source: L. 95: Entire part added, p. 754, § 1, effective May 24.
Editor's note: Subsection (2) provided for the repeal of this section, effective July 1,
1996. (See L. 95, p. 754.)