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 §§ 79 et seq. — Abbr. PUHCA. [Cases: Public Utilities 211–216. C.J.S. Public Utilities §§ 139–160.]

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词条贡献者

专业法律翻译郭敏，毕业于欧洲顶尖的高级翻译学院，专注翻译各类与复杂保险交易有关的法律文件。