Montana Code 69-8-426. Use of generation assets
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69-8-426. Use of generation assets. Generation assets acquired by a public utility pursuant to this chapter:
Terms Used In Montana Code 69-8-426
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- commission: means the public service commission provided for in 2-15-2602. See Montana Code 69-1-101
- Public utility: has the meaning of a public utility regulated by the commission pursuant to Title 69, chapter 3, on May 2, 1997, including the public utility's successors or assignees. See Montana Code 69-8-103
- Utility: means any public utility or cooperative utility. See Montana Code 69-8-103
(1)must be used by the public utility to serve and benefit customers within the public utility’s Montana service territory; and
(2)may not be removed from the rate base unless the commission finds that customers of the public utility will not be adversely affected.