FINANCING OF EXTRAORDINARY OR DEFERRED COSTS BY INVESTOR-OWNED ELECTRIC UTILITIES
- Section 278.670 - Definitions for KRS 278.670 to 278.696 and 65.114
- Section 278.672 - Application for financing order for deferred costs - Requirements - Deadline
- Section 278.674 - Application proceedings - Commission findings - Retention of consultants - Issuance advice letter
- Section 278.676 - Financing order - Prior issuance of bonds - Conditions on securitized property
- Section 278.678 - Utility to file documents with commission - Parameters for securitized bonds - Semiannual monthly surcharge update - Adjustments - Commission review - Irrevocability of finance order
- Section 278.680 - Issuance of securitized bonds by electric utility - Subsequent financing order - Limits on commission - Discretion of electric utility
- Section 278.682 - Securitized surcharges to be line-itemed on customer billing
- Section 278.684 - Property right to securitized property - Right to transfer or assign - Default and sequestration - Rights of successor to electric utility
- Section 278.686 - Exemption from Uniform Commercial Code - Security interest binding - Filing of financing statement with Secretary of State - Priority of securitized interest - Exercise of rights and remedies upon default
- Section 278.688 - Sale, assignment, or transfer of securitized property - Application of income tax law to transaction - Conditions for enforceability
- Section 278.690 - Priority of transfer not impaired by modification - Priority of conflicting interests
- Section 278.692 - Financing statement maintained by Secretary of State - Perfection of a security interest by filing of financing statement
- Section 278.694 - Application - Liability restriction - No obligation of taxation
- Section 278.696 - Assignee or financing party not an electric utility or provider of electric service - Application of KRS 278.670 to 278.696 and 65.114 - Severance