Indiana Code 8-1-1.9-4. Water or wastewater utility organized after June 2018 subject to IURC jurisdiction
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Sec. 4. (a) Notwithstanding IC 8-1-2.7 and any other law under which a water or wastewater utility is exempt from or may withdraw from the jurisdiction of the commission, a water or wastewater utility that is organized after June 30, 2018, is subject to the jurisdiction of the commission with respect to:
(2) stocks, bonds, notes, or other evidence of indebtedness;
(1) rates and charges;
Terms Used In Indiana Code 8-1-1.9-4
- commission: refers to the Indiana utility regulatory commission created by IC 8-1-1-2. See Indiana Code 8-1-1.9-1
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- water or wastewater utility: means :
Indiana Code 8-1-1.9-3
(3) rules; and
(4) the annual report filing requirement;
for the period of ten (10) years beginning on the day on which the water or wastewater utility is organized.
(b) This section does not affect:
(1) any statutes requiring or permitting a water or wastewater utility to petition the commission before providing service to the public; or
(2) the commission’s jurisdiction regarding statutes and petitions referred to in subdivision (1).
As added by P.L.126-2018, SEC.1. Amended by P.L.160-2020, SEC.2.