Section 317 – Submitting to the Project Entity Oversight Committee.

Effective 5/4/2022
11-13-317. Submitting to the Project Entity Oversight Committee.
Within a reasonable time of the information being available, a project entity shall submit to the Project Entity Oversight Committee, created in Section 63C-26-201, publicly available financial and operating information relating to the project entity, including:

• (1) a copy of the project entity’s audited financial statements for each fiscal year;

• (2) a list of the project entity’s financing sources, including:
  • (a) outstanding bond issuances; and
  • (b) future planned bond issuances; and

• (3) a statement describing the project entity’s net charges to its power purchasers for each fiscal year, including:
  • (a) a description of how those charges vary from the project entity’s previous fiscal year charges; and
  • (b) a statement describing the project entity’s annual power sales of the previous fiscal year broken down by entity, including the amount of power sold.

Enacted by Chapter 322, 2022 General Session