Sec. 20. If an energy utility makes a true sale of an SNG property interest to an SNG seller under section 15 of this chapter, the SNG seller:
(1) retains title to all substitute natural gas distributed by the energy utility to the energy utility's retail end use customers;
(2) is entitled to all amounts collected by the energy utility from its retail end use customers for the distribution of the substitute natural gas, subject to the terms of the qualified contract; and
(3) has the same rights to payments made by the energy utility's retail end use customers as does the energy utility that provides the substitute natural gas to those customers.
As added by P.L.175-2007, SEC.21.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1. Utilities Generally
Chapter 8.9. Financing of Substitute Natural Gas Costs
8-1-8.9-0.3. General Assembly Findings of Fact
8-1-8.9-2. "Commission" Defined
8-1-8.9-3. "Energy Utility" Defined
8-1-8.9-4. "Financing Entity" Defined
8-1-8.9-5. "Qualified Contract" Defined
8-1-8.9-6. "Qualified Cost" Defined
8-1-8.9-7. "Qualified Order" Defined
8-1-8.9-8. "Substitute Natural Gas" Defined
8-1-8.9-9. "Sng Property Interest" Defined
8-1-8.9-10. "Sng Seller" Defined
8-1-8.9-11. Qualified Order for Cost Recovery
8-1-8.9-12. Sng Property Interest; Property Rights
8-1-8.9-13. Sng Property Interest; Assignability
8-1-8.9-14. Sng Property Interest; Bankruptcy Setoff
8-1-8.9-15. Sng Property Interest; True Sale
8-1-8.9-16. Sng Property Interest; Security Interests
8-1-8.9-17. Sng Property Interest; Status of Parties to Transaction
8-1-8.9-18. Sng Property Interest; Successor Obligations
8-1-8.9-19. Sng Property Interest; Sng Seller Contract With Energy Utility