§ 8-1-2.7-2 — Withdrawal of utility from commission jurisdiction

Indiana § 8-1-2.7-2

• Jurisdiction: Indiana
• Art. 1: UTILITIES GENERALLY
• Ch. 2.7: Local Water Corporations; Indiana Utility Regulatory

Text

(a) This chapter provides the exclusive statutory
manner for a utility described in section 1.3(a)(1) or 1.3(a)(2) of this
chapter to withdraw from the jurisdiction of the commission for the
approval of the following:
(1) Rates and charges.
(2) Stocks, bonds, notes, or other evidence of indebtedness.
(3) Rules.
(4) The annual report filing requirement.
(b) Notwithstanding any other provision in this article, a sewer
disposal company described in section 1.3(a)(2) of this chapter shall
not initiate operations or provide service or seek commission authority
to do so within a territory for which the commission has granted
operating and territorial authority to any other entity, which has not
been revoked.
(c) A sewage disposal company described in section 1.3(a)(2) of this
chapter that has withdrawn from commission jurisdiction under this
chapter shall offer service to all customers within the territory for
which the commission has granted the utility territorial authority.
(d) A utility described in section 1.3(a)(1) or 1.3(a)(2) of this
chapter that is subject to the commission's jurisdiction under IC 8-1-1.9-5(e)(2) for having been issued more than one (1) enforcement
order (as defined in IC 8-1-1.9-5(c)) within the time specified in IC 8-1-1.9-5(e)(2) may not seek to withdraw from the commission's
jurisdiction under this chapter during the rate regulation period set
forth in IC 8-1-1.9-5(e)(2).

Legislative History

As added by P.L.108-1989, SEC.1. Amended by P.L.80-1997, SEC.6; P.L.82-1997, SEC.6; P.L.159-1999, SEC.6; P.L.60-2024, SEC.1; P.L.24-2025, SEC.2.