Iowa Admin. Code r. 199-32.1 - Applicability and definition of terms
(1) This chapter
applies to any person who intends to acquire, sell, lease, or otherwise dispose
directly or indirectly of the whole or any substantial part of a public
utility's assets; or purchase, acquire, sell, or otherwise dispose of the
controlling capital stock of any public utility, either directly or indirectly.
For utilities with more than one regulated line of business, the utility
revenue limit shall be calculated using the revenue of the specific line of
utility business involved in the transaction, not the combined utility
revenues.
(2) This chapter does not
apply to transfers or removals of a public utility's assets that are made
specifically pursuant to a commission deregulation order, as long as those
transfers or removals occur within 12 months of the commission's approval of an
accounting separation plan, or to transactions where commission approval is
otherwise required in a contested case proceeding.
Notes
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