Grant of licenses, permits, or franchises; state corporations or citizens

Ind. Code § 8-1-2-91, under Utility Regulation.

Ind. Code § 8-1-2-91

Sec. 91. No license, permit or franchise to own, operate, manage or control any plant or equipment of any public utility shall be hereafter granted or transferred except to a corporation duly organized under the laws of the state of Indiana or to a citizen of such state. Formerly: Acts 1913, c.76, s.99.