Arkansas Statutes
§ 23-18-108 — Eminent domain for transmission lines - Market value - Definition
Arkansas·Title 23
(a)As used in this section, "electric utility" means an electric utility that:
(1)Is not a municipally owned utility system;
(2)Is under the jurisdiction of the Arkansas Public Service Commission;
(3)Primarily transmits electricity and does not generate or distribute electricity; and (4) Has not been directed or designated to construct an electric transmission facility by a regional transmission organization.
(b)If an electric utility acquires land from a private property owner through eminent domain for purposes of a transmission line, then the electric utility shall compensate the private property owner at three (3) times the market value of the property taken by eminent domain.
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Arkansas § 23-18-108 (Eminent domain for transmission lines - Market value - Definition) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Act 2015, No. 1002,§ 3, eff. 4/2/2015.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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