69-3-1414. Acquisition of rate-based facilities. A natural gas utility that provides its customers with a choice of natural gas suppliers pursuant to 69-3-1403 and that does not own natural gas production and gathering resources on April 1, 2009, may acquire those facilities and place them in the rate base as provided in 69-3-1413 through 69-3-1416.

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Terms Used In Montana Code 69-3-1414

  • Natural gas production and gathering resources: means plants or equipment, minerals, and mineral rights used to extract natural gas from the earth and to collect, purify, measure, regulate, compress, and transport natural gas from its place of production to its connection with a transmission facility. See Montana Code 69-3-1402
  • Natural gas utility: means a utility regulated by the commission on May 2, 1997, that provides natural gas services to the public. See Montana Code 69-3-1402