{"data":{"id":"us-ky/krs-279.220","jurisdiction":"us-ky","citation":"KRS 279.220","heading":"Foreign cooperatives may extend lines into this state -- Conditions --","body":"Limitation.\n(1) Any rural electric cooperative corporation organized under a law of any state\ncontiguous to this state, which law is substantially similar to the law under which\nsuch corporations may be organized in this state, may extend its operations into this\nstate for a distance not exceeding three (3) miles from the boundary between that\nstate and this state, and such extension shall not be considered doing business in\nthis state within the meaning of the statutes regulating or taxing foreign\ncorporations doing business in this state. Such corporation shall be entitled to the\nsame exemptions granted to, and shall pay the same tax required of, domestic\ncorporations under KRS 279.200.\n(2) The operations of such corporation within this state shall be subject to the\nsupervision of the Public Service Commission, and the commission may take the\nnecessary action to require the corporation to furnish adequate service at reasonable\nrates. If the corporation fails to comply with the regulations and requirements of the\ncommission it shall forfeit the privilege granted by this section.\n(3) The privilege granted by this section shall be effective for a period of five (5) years\nfrom June 12, 1940, at which date it shall expire, unless the contiguous state grants\na similar privilege to rural electric cooperative corporations incorporated in this\nstate, in which case it shall continue so long as the contiguous state continues to\ngrant the same privilege.\n(4) A rural electric cooperative corporation organized under a law of any state other\nthan Kentucky not satisfying the exemptions set forth in subsections (1), (2) and (3)\nof this section is subject to KRS 14A.9-010.","path":["KRS Chapter 279"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=36733","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:31Z","sha256":"6282668aaaca08ed37e49a21aead747c35e751c926ac36d3fd92d0dfdf0a8398","source_id":"us-ky","stale":false,"prev":"us-ky/krs-279.210","next":"us-ky/krs-279.310"},"notice":"GroundRules: Original legal text. Not legal advice."}
