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Terms Used In Indiana Code 8-1-2.2-7

  • Contract: A legal written agreement that becomes binding when signed.
   Sec. 7. Authority to Contract for Energy Exchange. Municipalities participating in a project or projects are hereby authorized to enter into contracts for the exchange, interchange, wheeling, pooling, and transmission of electric power and energy produced by the project or projects with any municipality, joint agency, or public utility.

As added by Acts 1980, P.L.68, SEC.1.