Massachusetts General Laws
Chapter 164a - New England Power Pool
Section 10 - Foreign Electric Utilities; Ownership or Operation of Electric Power Facilities in Commonwealth; Notice, Annual Report and Information to Department; Financing; Application of Laws

Section 10. (a) Each foreign electric utility which is acting pursuant to authority granted in this chapter shall, before owning or operating any electric power facilities in this commonwealth, notify the department of the action to be taken by it; shall thereafter furnish to the department annually a copy of the annual report filed by it with the utility regulatory agency of the state of its domicile or principal locus; and shall furnish to the department from time to time such other information with respect to its activities in the commonwealth as the department may reasonable request.
(b) Any foreign electric utility which owns or operates any electric power facility in this commonwealth shall (1) be subject to sections three, three A and four of chapter one hundred eighty-one as to matters arising out of such ownership or operation and (2) as to a foreign electric utility other than a governmental entity be further subject to the requirements of chapter one hundred sixty-four and other regulatory laws within the commonwealth with respect to any financing of its interest in such electric power facility, including any borrowing or the issuance of any notes, bonds or other evidence of indebtedness or securities of any nature, provided, however, that it shall be exempt from such further requirements of this clause (2) upon certification filed with the department by a regulatory commission of the state of domicile or principal locus of such foreign electric utility, or of the United States, that said commission has regulatory jurisdiction over financing of such foreign electric utility.

Structure Massachusetts General Laws

Massachusetts General Laws

Part I - Administration of the Government

Title XXII - Corporations

Chapter 164a - New England Power Pool

Section 1 - Definitions

Section 2 - Agreement Provisions Authorized

Section 3 - Additional Powers of Member Domestic Electric Utilities

Section 4 - Additional Powers of Member Foreign Electric Utilities

Section 5 - Acquisition or Ownership of Interests in Electric Power Facilities; Tenancy in Common; Surrender or Waiver of Right of Partition; Validity and Enforceability

Section 6 - Contracts; Term; Effect of Termination of Pool or Agreement; Exclusion From Municipal Debt for Borrowing Purposes

Section 7 - Assessment and Taxation of Foreign Electric Utilities

Section 8 - Taxation of Municipal Electric Departments Owning Interests in Electric Power Facilities; Definitions; Exemptions; Payments in Lieu of Taxes; Application of Other Laws

Section 9 - Application of Other Laws to Pool Members; Rate Base Factors

Section 10 - Foreign Electric Utilities; Ownership or Operation of Electric Power Facilities in Commonwealth; Notice, Annual Report and Information to Department; Financing; Application of Laws

Section 11 - Revenue Bonds for Project Costs; Interim Receipts or Temporary Bonds; Issuance; Agreement for Consolidation of Indebtedness by Participating Municipalities Authorized

Section 12 - Borrowing in Anticipation of Bonds; Temporary Notes; Issuance by City or Town

Section 13 - Resolutions or Trust Agreements Securing Bonds or Notes; Provisions; Limitations; Deposit, Investment and Application of Proceeds; Pledges

Section 14 - Proceeds of Bonds or Notes Issued and Moneys Governed by Trust Agreement or Resolution; Deposit or Investment

Section 15 - Bonds and Notes Issued; Payment; Liability of City or Town Limited; Exclusion From Municipal Debt for Borrowing Purposes

Section 16 - Receipts of City or Town Under This Chapter to Be Held and Applied in Trust

Section 17 - Actions and Proceedings Upon Bonds and Notes

Section 18 - Bonds and Notes Issued as Legal Investments

Section 19 - Bonds and Notes Deemed Investment Securities

Section 20 - Bonds and Notes Issued; Transfer, Income or Profit; Tax Exemption

Section 21 - Refunding Bonds; Issuance Authorized; Restrictions

Section 22 - Bonds and Notes; Issuance Authorized

Section 23 - Zoning Regulations; Exemption of Facilities Used by Electric Utilities

Section 24 - Transmission Lines of Electric Utilities; Petition for Authority to Construct, Use or Take Rights of Way by Eminent Domain Authorized

Section 25 - Ownership or Control of Domestic Electric Utilities by Foreign Corporations; Applicability of Corporation Law

Section 26 - Municipal Electric Departments; Application of Chapter

Section 27 - Construction of Chapter