(A) Existing residential customers may apply for, and receive, refunds of their deposit, or have their deposits credited to their accounts, if the customer during the last 12 consecutive billing periods for prior service has not had service discontinued for nonpayment of bill, or had more than two occasions in which a bill was not paid when it came due, or had one of their checks given in payment of a bill dishonored.
(B) The deposits of existing residential customers who are not entitled to a refund of their deposit under subsection (A) above, shall continue to be held by the town until the customer qualifies for a refund, or until service is discontinued or terminated.
(C) The town shall have the right to refund the deposits of residential customers who qualify for refunds, but who do not apply for such refunds, or to credit their accounts with the amount of the deposit.
(D) The deposits of existing business, commercial, or industrial customers shall not be subject to refund, and shall continue to be held by the town until service is discontinued or terminated.
(Code 1976, § 6.105) (Ord. 12-79, passed 11-5-1979)