Sec. 43. (a) A corporation may not expend more than fifteen percent (15%) of its total utility plant for economic development. (b) A corporation that is not an REA borrower (as defined in section 17(f) of this chapter) may not borrow any funds for an economic development project without approval of the Indiana utility regulatory commission. IC 8-1-13.1 Chapter 13.1. Repealed IC 8-1-14 Chapter 14. Electric Transmission Lines Over Railroads 8-1-14-1 Plans and specifications
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.