{"operation":"document","citation":"199 IAC 10.15","title":"Sale or transfer of permit.","source_type":"regulation","agency":"Iowa Utilities Commission","status":"current","official":true,"published_on":"2026-08-19","effective_on":"2025-07-16","summary":"10.15(1) No permit shall be sold or transferred without written approval of the commission. A petition for approval of the sale or transfer shall: a. Be jointly filed by the buyer, or transferee, and the seller, or transferor, b. Include assurances that the buyer, or transferee, is: (1) Authorized t","machine_formats":{"json":"https://regulus.evalyn.ai/document/ia-iac-199-10-15.json","markdown":"https://regulus.evalyn.ai/document/ia-iac-199-10-15.md"},"app_url":"https://regulus.evalyn.ai/document/ia-iac-199-10-15","source_url":"https://www.legis.iowa.gov/DOCS/ACO/IAC/LINC/Chapter.199.10.pdf","body":"10.15(1) No permit shall be sold or transferred without written approval of the commission. A petition for approval of the sale or transfer shall:\n\na. Be jointly filed by the buyer, or transferee, and the seller, or transferor,\n\nb. Include assurances that the buyer, or transferee, is:\n\n(1) Authorized to transact business in the state of Iowa,\n\n(2) Willing and able to construct, operate, and maintain the pipeline in accordance with these rules, and\n\n(3) If the sale, or transfer, is prior to completion of construction of the pipeline, financially able to pay up to $250,000 in damages associated with construction or operation of the pipeline, or any other amount the commission has determined is necessary when granting the permit.\n\n10.15(2) For purposes of this rule, reassignment of a pipeline permit as part of a corporate restructuring, with no change in pipeline operating personnel or procedures, is considered a transfer and requires prior commission approval.","truncated":false,"body_characters":972}