Section 8-1-40.5-7 - "Securitization bonds"(a) As used in this chapter, "securitization bonds" means bonds, debentures, notes, certificates of participation, certificates of a beneficial interest, certificates of ownership, or other evidences of indebtedness that: (1) are issued by an electric utility, its successors, or an assignee under a financing order;(2) have a term of not more than twenty (20) years; and(3) are secured by, or payable from, securitization property.(b) If certificates of participation, certificates of a beneficial interest, or certificates of ownership are issued under this chapter, a reference in this chapter to "principal", "interest", or "premium" refers to comparable terms with respect to those certificates.Added by P.L. 80-2021,SEC. 1, eff. 4/19/2021.