KRS 279.125: Transmission, distribution or sale of energy to municipally owned electric

utility -- Exceptions.

Notwithstanding the provisions of any other section of the Kentucky Revised Statutes,

unless specific authorization is granted by the Public Service Commission, no corporation

formed under this chapter shall transmit, distribute or furnish electric energy for resale,

either directly or indirectly, to any electric utility now or hereafter owned or controlled, in

whole or in part, by any municipality or muni cipalities, or instrumentalities thereof,

incorporated on June 21, 1974, except to any such electric utility to which such

corporation's electric facilities are physically connected on June 21, 1974; and provided,

further, that no provision herein shall pr event a corporation organized under this chapter

from interconnecting for exchanges of energy with any such municipal utility which, on

June 21, 1974, owns and operates electric generating facilities adequate to supply the

electric requirements of the muni cipality. The required authorization as used in this

section shall not be construed to extend the jurisdiction of the Public Service Commission

over municipally owned electric systems.