79-5a08. Public utility or public utilities; acquisition of property of utility by another; public utility sales validation questionnaire required. Any individual, partnership, corporation or public utility, which acquires by deed or other instrument all or any portion of another utility's property, shall forward a public utility sales validation questionnaire to the director of property valuation. The forms for the public utility sales validation questionnaire shall be prescribed and furnished by the director of property valuation. For the purposes of this section, the phrase "acquires by deed or other instrument" includes, without limitation, sales, mergers, acquisitions, take-overs, consolidations and liquidations of all or any portion of a public utility operating in this state and, whenever such sales, mergers, acquisitions, take-overs, consolidations and liquidations concern property located both within and without this state, the entire transaction shall be reported.
History: L. 1969, ch. 434, § 8; L. 1983, ch. 314, § 3; L. 1993, ch. 8, § 1; July 1.
Structure Kansas Statutes
79-5a01 Public utility or public utilities; defined.
79-5a01c Purpose of 2009 amendments to K.S.A. 79-5a01 related to underground storage of natural gas.
79-5a04 Same; valuation of real and personal property.
79-5a09 Same; failure to comply with act; penalties.
79-5a10 Application of 79-5a04.
79-5a11 Administration and enforcement by secretary of revenue; rules and regulations.
79-5a12 Application of 79-5a01, 79-5a06a and 79-5a11.
79-5a13 Application of K.S.A. 79-5a01.
79-5a25 Apportionment of assessed valuation of certain utilities to taxing districts.
79-5a26 Apportionment of assessed valuation of railroads to taxing districts.