Ind. Code § 8-1-8.9-14
This is the official text of Ind. Code § 8-1-8.9-14, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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SNG property interest; bankruptcy setoff
Official statutory text
Sec. 14. The interests of an assignee in:
(1) an SNG property interest transferred to the assignee under section 13 of this chapter; and
(2) any revenues or collections arising from the SNG property interest transferred;
are not subject to setoff by the energy utility that transferred the SNG property interest, or by any other person, in connection with any bankruptcy proceeding involving the energy utility.
As added by P.L.175-2007, SEC.21.
(1) an SNG property interest transferred to the assignee under section 13 of this chapter; and
(2) any revenues or collections arising from the SNG property interest transferred;
are not subject to setoff by the energy utility that transferred the SNG property interest, or by any other person, in connection with any bankruptcy proceeding involving the energy utility.
As added by P.L.175-2007, SEC.21.
Status: in_force · Read it on the official government site
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