Indiana § 8-1-10-1 Payments unlawful

Indiana Statutes

§ 8-1-10-1 — Payments unlawful

Indiana·Art. 1 UTILITIES GENERALLY·Ch. 10 Public Utility Accounting Practices

Whenever an order has been lawfully made
upon any public utility by the commission under the provisions of IC 8-1-2 or by the Indiana department of health under the provisions of IC 16-41-24, it shall be unlawful for such public utility, or any officer
thereof, to pay any funds from its treasury to any other public utility for
the purpose of concealing its income or assets or otherwise diverting
the funds from their proper uses.
Formerly: Acts 1915, c.57, s.1. As amended by P.L.59-1984,
SEC.63; P.L.23-1988, SEC.41; P.L.2-1992, SEC.81; P.L.2-1993,
SEC.62; P.L.56-2023, SEC.53.

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Whenever an order has been lawfully made
upon any public utility by the commission under the provisions of IC 8-1-2 or by the Indiana department of health under the provisions of IC 16-41-24, it shall be unlawful for such public utility, or any officer
thereof, to pay any funds from its treasury to any other public utility for
the purpose of concealing its income or assets or otherwise diverting
the funds from their proper uses.
Formerly: Acts 1915, c.57, s.1. As amended by P.L.59-1984,
SEC.63; P.L.23-1988, SEC.41; P.L.2-1992, SEC.81; P.L.2-1993,
SEC.62; P.L.56-2023, SEC.53.

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