Indiana Statutes

§ 8-1-2.2-5 — Sale of capacity or output by a municipality

Indiana § 8-1-2.2-5
JurisdictionIndiana
Art. 1UTILITIES GENERALLY
Ch. 2.2Municipal Electric Utility Programs

This text of Indiana § 8-1-2.2-5 (Sale of capacity or output by a municipality) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 8-1-2.2-5 (2026).

Text

Sale of Capacity or Output by a Municipality. Whenever a municipality has capacity or output derived from its ownership share of a project or otherwise in excess of its current needs or which cannot be economically utilized immediately, it may sell or exchange the excess capacity or output, by agreement, to any municipality owning electric distribution facilities, to any joint agency, or to any public utility. Sales of excess capacity or output of a project to public utilities shall not be made in such amounts, for such periods of time, and under such conditions as will cause the interest on bonds issued to finance the cost of a project to become taxable by the federal government. As added by Acts 1980, P.L.68, SEC.1. Amended by P.L.36-2017, SEC.2.

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Bluebook (online)
Indiana § 8-1-2.2-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-1-2.2-5.