### Question
How does PUBLIC UTILITY HOLDING COMPANIES define foreign utility company?


### Answer
Under *15 U.S.C. § 79z*, **foreign utility company** is defined as:

> any company that—


(A) owns or operates facilities that are not located in any State and that are used for the generation, transmission, or distribution of electric energy for sale or the distribution at retail of natural or manufactured gas for heat, light, or power, if such company—


(i) derives no part of its income, directly or indirectly, from the generation, transmission, or distribution of electric energy for sale or the distribution at retail of natural or manufactured gas for heat, light, or power, within the United States

#### Citation:
  - *15 U.S.C. § 79z*
  - Heading: **CHAPTER 2C-PUBLIC UTILITY HOLDING COMPANIES**

