§ 32.102   Nonregulated investments.

   Nonregulated investments shall include the investment in nonregulated
   activities that are conducted through the same legal entity as the
   telephone company operations, but do not involve the joint or common
   use of assets or resources in the provision of both regulated and
   nonregulated products and services. See § § 32.14 and 32.23.

   [ 52 FR 6561 , Mar. 4, 1987]

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