{"data":{"id":"us-in/ic-8-1-40.5-7","jurisdiction":"us-in","citation":"IC 8-1-40.5-7","heading":"\"Securitization bonds\"","body":"Sec. 7. (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:\n(1) are issued by an electric utility, its successors, or an assignee under a financing order;\n(2) have a term of not more than twenty (20) years; and\n(3) are secured by, or payable from, securitization property.\n(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.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 1. UTILITIES GENERALLY","Chapter 40.5. Pilot Program for Cost Securitization for Retired Electric Utility Assets"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-1-40.5-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"9500645c928dcb38a4bbea7b7d92f9b7303b2f6c3ef8480cfb7a95c8f46719e5","source_id":"us-in","stale":false,"prev":"us-in/ic-8-1-40.5-6","next":"us-in/ic-8-1-40.5-8"},"notice":"GroundRules: Original legal text. Not legal advice."}