Louisiana Revised Statutes 45:1235 – Not an electric utility
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Terms Used In Louisiana Revised Statutes 45:1235
- Assignee: means any legal or commercial entity, including but not limited to a corporation, limited liability company, partnership, limited partnership, or other legally recognized entity to which an electric utility sells, assigns, or transfers, other than as security, all or a portion of its interest in or right to storm recovery property. See Louisiana Revised Statutes 45:1227
- Financing party: means any holder of storm recovery bonds and any trustee, collateral agent, or other person acting for the benefit of holders of storm recovery bonds. See Louisiana Revised Statutes 45:1227
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
An assignee or financing party shall not be considered an electric utility or person providing electric service by virtue of engaging in the transactions described in this Part.
Acts 2006, No. 64, §2, eff. May 22, 2006.