Indiana § 8-1-38-7 - Authority to operate; findings
Full text of Indiana Indiana Code § 8-1-38-7 — Authority to operate; findings, with citation guidance and answers to common questions.
§ 8-1-38-7. Authority to operate; findings
Sec. 7. (a) The commission shall grant a new electric transmission owner authority to operate as a public utility in Indiana if the commission makes the following findings:
(1) The new electric transmission owner has the financial, managerial, and technical capability to construct, own, operate, and maintain an electric transmission facility.
(2) The new electric transmission owner has the ability and intent to comply with all statutes, rules, and regulations enforced by the commission.
(3) The new electric transmission owner has the intent to construct, own, operate, and maintain an electric transmission facility that is under consideration by an applicable regional transmission organization.
(4) The new electric transmission owner has provided written notice of its request for authority under this section to each incumbent electric transmission owner that may connect its existing electric transmission facility to the new electric transmission facility of the new electric transmission owner.
(b) In making findings under subsection (a), the commission may consider the creditworthiness of the new electric transmission owner, including:
(1) the new electric transmission owner's investment grade rating;
(2) guarantees of a parent company of the new electric transmission owner that has an investment grade rating;
(3) a bank reference letter or bonding commitment on behalf of the new electric transmission owner;
(4) the authority of the new electric transmission owner to directly set rates or impose taxes; and
(5) the capability of the new electric transmission owner to meet its financial obligations if it abandons the new electric transmission facility after its construction.
As added by P.L.174-2013, SEC.1.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-1-38-7
What does Indiana Code § 8-1-38-7 cover?
Section 8-1-38-7 ("Authority to operate; findings") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 8-1-38-7?
A common citation format is "Indiana Code § 8-1-38-7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 8-1-38-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.