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23-18-108. Eminent domain for transmission lines — Market value — Definition.

Arkansas Code — all titles (historical 2020) · legal_authorities

23-18-108. Eminent domain for transmission lines — Market value — Definition.

23-18-108. Eminent domain for transmission lines — Market value — Definition. (a) As used in this section, “electric utility” means an electric utility that: (1) Is not a municipally owned utility system; (2) Is under the jurisdiction of the Arkansas Public Service Commission; (3) Primarily transmits electricity and does not generate or distribute electricity; and (4) Has not been directed or designated to construct an electric transmission facility by a regional transmission organization. (b) If an electric utility acquires land from a private property owner through eminent domain for purposes of a transmission line, then the electric utility shall compensate the private property owner at three (3) times the market value of the property taken by eminent domain.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-18-108

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:23-18-108
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: f5e0a951420640e0773783883975d54b7ed82fd1bca3f6b103fe42a985765942

Source location: content.xml paragraph 13654

Stored source content

23-18-108. Eminent domain for transmission lines — Market value — Definition. (a) As used in this section, “electric utility” means an electric utility that: (1) Is not a municipally owned utility system; (2) Is under the jurisdiction of the Arkansas Public Service Commission; (3) Primarily transmits electricity and does not generate or distribute electricity; and (4) Has not been directed or designated to construct an electric transmission facility by a regional transmission organization. (b) If an electric utility acquires land from a private property owner through eminent domain for purposes of a transmission line, then the electric utility shall compensate the private property owner at three (3) times the market value of the property taken by eminent domain.

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