Sec. 402.4. Application of deposit to unpaid bill

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Each and every steam corporation holding consumer deposits shall render to each depositor, when and as his deposit is applied to an unpaid bill or bills, a statement showing:
(a) the bill or bills then due and unpaid;
(b) the amount thereof;
(c) the amount of the deposit, together with the interest accrued thereon and the period covered thereby; and
(d) the balance of the bill or bills remaining unpaid or the balance of the deposit and interest thereon remaining to the credit of the depositor.

                    
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