Sec. 4. (a) As used in this chapter, “electricity supplier” means a public utility (as defined in IC 8-1-2-1) that furnishes retail electric service to customers in Indiana.

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Terms Used In Indiana Code 8-1-40-4

  • 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.
     (b) The term does not include a utility that is:

(1) a municipally owned utility (as defined in IC 8-1-2-1(h));

(2) a corporation organized under IC 8-1-13; or

(3) a corporation organized under IC 23-17 that is an electric cooperative and that has at least one (1) member that is a corporation organized under IC 8-1-13.

As added by P.L.264-2017, SEC.6.

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