Section 8-1-2.7-9 - Effect of withdrawal(a) Except as provided under subsection (c) or section 15 of this chapter, when a utility successfully withdraws from commission jurisdiction, the commission does not have authority to regulate the following:(2) Stocks, bonds, notes, or other evidence of indebtedness.(4) The annual report filing requirement.(b) When the number of patrons served by a withdrawn utility described in section 1.3(a)(1)(A) or 1.3(a)(2)(A) of this chapter reaches five thousand (5,000), the utility:(1) becomes subject to the annual report filing requirement described in IC 8-1-2-16; and(2) shall immediately notify the commission of the number of patrons served by the utility. Upon receiving notice under subdivision (2), the commission may reassert jurisdiction over the utility, in whole or in part, after notice and hearing if the commission finds that the public interest so requires.
(c) As used in this subsection, "utility" refers to a utility described in section 1.3(a)(1)(B) of this chapter that is located in a county having a population of more than fifteen thousand four hundred (15,400) and less than fifteen thousand four hundred fifty (15,450). When one (1) utility has successfully withdrawn from commission jurisdiction under this chapter, upon the filing of a complaint by another utility that has not withdrawn from commission jurisdiction under this chapter, the commission shall reassert jurisdiction over the withdrawn utility with respect to the withdrawn utility's: (3) operating and territorial authority; that have been or may be established concerning the purchase of water for resale by the complaining utility from the withdrawn utility. The rates and charges described in subdivision (1) are subject to the requirements of IC 8-1-2-125. The burden of proof that the rates and charges described in subdivision (1) comply with IC 8-1-2-125 is on the withdrawn utility.
Amended by P.L. 104-2022,SEC. 59, eff. 4/1/2022.Amended by P.L. 119-2012, SEC. 83, eff. 4/1/2012.As added by P.L. 108-1989, SEC.1. Amended by P.L. 80-1997, SEC.12; P.L. 82-1997, SEC.12; P.L. 159-1999, SEC.11; P.L. 226-2001, SEC.2; P.L. 170-2002, SEC.58.