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23-18-103. Purchase of electricity from affiliated company — Definitions.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-18-103. Purchase of electricity from affiliated company — Definitions.
(a) As used in this section:
(1) “Affiliated company” means any business entity which is owned wholly or partly by an electric utility or which wholly or partly owns an electric utility, or any business entity which is owned by another business entity which wholly or partly owns an electric utility; and
(2) “Electric utility” means an electric utility subject to the jurisdiction of the Arkansas Public Service Commission.
(b) Without the prior approval of the commission, no electric utility shall enter into any agreement for the purchase of electricity from an affiliated company.
(c) Any agreement entered into in violation of this section shall be void.
(d) The commission shall promulgate such rules as are necessary to implement this section.
(e) This section shall apply to agreements entered into on or after June 28, 1985.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-18-103
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-18-103
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f1143cd0286f059b399366e141ea1b17305856ddd55a8d6bc4cb0f510df7a21b
Source location: content.xml paragraph 13572
Stored source content
23-18-103. Purchase of electricity from affiliated company — Definitions.
(a) As used in this section:
(1) “Affiliated company” means any business entity which is owned wholly or partly by an electric utility or which wholly or partly owns an electric utility, or any business entity which is owned by another business entity which wholly or partly owns an electric utility; and
(2) “Electric utility” means an electric utility subject to the jurisdiction of the Arkansas Public Service Commission.
(b) Without the prior approval of the commission, no electric utility shall enter into any agreement for the purchase of electricity from an affiliated company.
(c) Any agreement entered into in violation of this section shall be void.
(d) The commission shall promulgate such rules as are necessary to implement this section.
(e) This section shall apply to agreements entered into on or after June 28, 1985.
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