Indiana Code > Title 8 > Article 1 > Chapter 30.3 – Acquisition of Distressed Water or Wastewater Utilities
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Terms Used In Indiana Code > Title 8 > Article 1 > Chapter 30.3 - Acquisition of Distressed Water or Wastewater Utilities
- Appraisal: A determination of property value.
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- commission: refers to the Indiana utility regulatory commission. See Indiana Code 8-1-1-1
- cost differential: means the difference between:
Indiana Code 8-1-30.3-1
- 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.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- 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.
- not-for-profit utility: has the meaning set forth in IC 8-1-2-125(a). See Indiana Code 8-1-30.3-2.5
- offered utility: means a utility company whose property is the subject of an acquisition described in section 5(a) of this chapter. See Indiana Code 8-1-30.3-2.6
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- utility company: means :
Indiana Code 8-1-30.3-3
- utility property: refers to property of a utility company that is the subject of an acquisition described in section 5(a) of this chapter. See Indiana Code 8-1-30.3-4
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5