Sec. 31. (a) The
commission may require, by order or
subpoena, a
corporation to produce within the state (at a time and place the commission may designate) any books, accounts, papers, or records (or
verified copies) kept by the corporation anywhere, to allow an examination to be made by the commission or under its direction.
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Terms Used In Indiana Code 8-1-13-31
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Subpoena: A command to a witness to appear and give testimony.
- Summons: Another word for subpoena used by the criminal justice system.
- Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
(c) Any corporation that does not comply (after reasonable written notice) with any order or subpoena shall be assessed a civil penalty of not less than fifty dollars ($50) and not more than five hundred dollars ($500) for each day that it does not comply. Any penalty assessed under this subsection shall be deposited in the state general fund.
As added by P.L.121-1987, SEC.8.
