170 IAC 7-6-4

170 IAC 7-6-4 Notice of bankruptcy

Last amended: 2022Year: 2027Length: 198 wordsOfficial source

Cite as Ind. Admin. Code tit. 170, r. 7-6-4

Sec. 4. (a) If a LEC, the utility holding company of a LEC, or the corporate parent of a LEC is the subject of a bankruptcy proceeding, the LEC shall provide the commission with written notice and a complete copy of the bankruptcy petition within sixty (60) calendar days of the date the bankruptcy petition is filed. (b) Notice to the commission shall include at least the following: (1) The number of customers the utility has in Indiana, which shall be deemed confidential on a preliminary basis by the commission. (2) The types of services provided. (3) The name, mailing address, e-mail address, and telephone number of any of the following: (A) A bankruptcy trustee. (B) An attorney representing the utility in bankruptcy. (C) A designated contact person at any company proposing to acquire the assets of the utility. (c) If the LEC seeking bankruptcy protection is a provider of last resort, the LEC must provide the commission and each affected customer and wholesale provider written notice a minimum of sixty (60) calendar days before filing a bankruptcy petition with a court. The written notice to the commission must be provided on the form prescribed by the commission.
170 IAC 7-6-4: 170 IAC 7-6-4 Notice of bankruptcy | Justis AI