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Kentucky · Snapshot 09/05/2026

KRS 353.402: Definitions for KRS 353.400 to 353.410.

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  1. KRS Chapter 353

As used in KRS 353.400 to 353.410, unless the context requires otherwise:

(1) "Gas acquisition authority" or "authority" means a natural gas acquisition authority

created pursuant to this section;

(2) "Bond" means any bond, note, or other evidence of indeb tedness issued by an

Authority;

(3) "Gas" or "natural gas" means natural gas or any substitute for natural gas, including

synthetic natural gas, liquefied natural gas, coal gas, or other substance usable in

lieu of natural gas;

(4) "Municipal utility" means any public agency that:

(a) Provides gas or electric service to retail customers within a municipal service

area; or

(b) Provides wholesale natural gas supply services to public agencies described in

paragraph (a) of this subsection.

(5) "Project" means any plant, works, system, facility, other real or personal property,

and interests therein, including drilling rights, operating rights, royalties, overriding

royalties, and other rights, titles, and interests, production payments, gas purchase

contracts, prepaid gas purchase contracts, and other contractual rights and interests

necessary or convenient for the acquisition, transportation, storage, or management

of natural gas for the purpose of providing the supply requirements of municipal

utilities; and

(6) "Public agency" has the same meaning as specified in KRS 65.230.

Collected 2026-09-05T20:58:39Z. Source file · JSON

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