Indiana Code 4-4-38.5-4. “Eligible broadband service provider”
Current as of: 2023 | Check for updates
|
Other versions
Sec. 4. As used in this chapter, “eligible broadband service provider” means any company, firm, corporation, partnership, or association that:
(A) has been providing broadband service to at least one hundred (100) residences and businesses in Indiana for at least three (3) consecutive years; or
(1) either:
Terms Used In Indiana Code 4-4-38.5-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- office: refers to the office of community and rural affairs established by Indiana Code 4-4-38.5-6
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(B) is:
(i) a corporation organized under IC 8-1-13; or
(ii) a corporation organized under IC 23-17 that is an electric cooperative and that has at least one (1) member that is a corporation organized under IC 8-1-13; and
(2) has demonstrated, to the satisfaction of the office:
(A) financial;
(B) technical; and
(C) operational;
capability in building and operating a broadband network, according to standards for determining such capability in guidelines adopted by the office under section 10 of this chapter.
As added by P.L.189-2019, SEC.7.