This document contains official instructions for FERC Form 561 , Annual Report of Interlocking Positions - a form released and collected by the Federal Energy Regulatory Commission.
Q: What is FERC Form 561?
A: FERC Form 561 is the Annual Report of Interlocking Positions.
Q: Who is required to file FERC Form 561?
A: Companies subject to the Federal Power Act that have interlocking positions are required to file FERC Form 561.
Q: What are interlocking positions?
A: Interlocking positions occur when an individual serves simultaneously as an officer or director of more than one public utility or other specified entity.
Q: What information is included in FERC Form 561?
A: FERC Form 561 includes information about the interlocking positions held by officers and directors, as well as information about the companies involved and the nature of their business.
Q: When is FERC Form 561 due?
A: FERC Form 561 is due on or before April 30th of each year.
Q: Is there a penalty for not filing FERC Form 561?
A: Yes, failure to file FERC Form 561 may result in penalties and fines imposed by FERC.
Q: Are there any exemptions from filing FERC Form 561?
A: Yes, certain categories of officers and directors may be exempt from filing FERC Form 561. The specific exemptions can be found in the instructions for the form.
Instruction Details:
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