Opinion No.

Mr. Sam I. Bratton, Chairman Arkansas Public Service Commission 1000 Center P.O. Box C-400 Little Rock, AR 72203

Dear Chairman Bratton:

This is in response to your predecessor's (Chairman Johnston) request for an opinion on the following questions:

1. When should the 10% penalty found in Ark. Code Ann. 26-26-1614 and 26-26-1706 (1987) be assessed?

2. When should the 25% penalty found in Ark. Code Ann. 26-26-1614 and 26-26-1706 (1987) be assessed?

3. If a company is delinquent only on the third installment (due October 10), should the 10% penalty be applied and collection attempted before…