Arkansas § 23-18-103 Purchase of electricity from affiliated company - Definitions

Arkansas Statutes

§ 23-18-103 — Purchase of electricity from affiliated company - Definitions

Arkansas § 23-18-103

Title23

This text of Arkansas § 23-18-103 (Purchase of electricity from affiliated company - Definitions) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 23-18-103 (2026).

Text

(a)As used in this section:

(1)"Affiliated company" means any business entity which is owned wholly or partly by an electric utility or which wholly or partly owns an electric utility, or any business entity which is owned by another business entity which wholly or partly owns an electric utility; and (2) "Electric utility" means an electric utility subject to the jurisdiction of the Arkansas Public Service Commission.

(b)Without the prior approval of the commission, no electric utility shall enter into any agreement for the purchase of electricity from an affiliated company.

(c)Any agreement entered into in violation of this section shall be void.

(d)The commission shall promulgate such rules as are necessary to implement this section.

(e)This section shall apply to agreements enter

Free access — add to your briefcase to read the full text and ask questions with AI

(a) As used in this section: (1) "Affiliated company" means any business entity which is owned wholly or partly by an electric utility or which wholly or partly owns an electric utility, or any business entity which is owned by another business entity which wholly or partly owns an electric utility; and (2) "Electric utility" means an electric utility subject to the jurisdiction of the Arkansas Public Service Commission. (b) Without the prior approval of the commission, no electric utility shall enter into any agreement for the purchase of electricity from an affiliated company. (c) Any agreement entered into in violation of this section shall be void. (d) The commission shall promulgate such rules as are necessary to implement this section. (e) This section shall apply to agreements entered into on or after June 28, 1985.

Legislative History

Amended by Act 2019, No. 315,§ 2471, eff. 7/24/2019. Acts 1985, No. 173, §§ 1-5; A.S.A. 1947, §§ 73-278 -- 73-278.4; Acts 1999, No. 1556, § 7; 2001, No. 324, §§ 3, 4; 2003, No. 204, § 4.