Sec. 22. (a) This chapter does not give a party to a
contract for the sale and purchase of coal any greater rights under a force majeure provision of the contract than the party had before July 1, 1991.
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Terms Used In Indiana Code 8-1-27-22
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- Contract: A legal written agreement that becomes binding when signed.
- public utility: means a public utility, a municipally owned utility, or a cooperatively owned utility. See Indiana Code 8-1-27-5
(c) This chapter does not give the commission the authority to order a public utility to cancel, terminate, amend, or otherwise modify a contract for the purchase and sale of coal.
As added by P.L.76-1991, SEC.1.
