§ 23-18-911. State pledge — Definition
(a) For purposes of this section, the term “bondholder” means a person who holds, owns, or is the beneficial holder or owner of a storm recovery bond. (b) (1) The state and its agencies, including the Arkansas Public Service Commission, pledge to and agree with bondholders, the owners of the storm recovery property, and other […]
§ 23-18-912. Assignee or financing party not an electric utility
An assignee or financing party shall not be considered an electric utility or person providing electric service by virtue of engaging in the transactions described in this subchapter.