Section 1005-A. Actions or contracts involving certain nuclear power plants  


Latest version.
  • Whenever  the  authority  undertakes  or executes any action or contract
      involving the closure, maintenance, decommissioning or conversion of any
      nuclear power plant constructed by a utility corporation which  has  not
      entered  commercial  operation,  the authority shall, in order to ensure
      that neither the authority nor its customers shall bear any of the costs
      associated  therewith,  provide  for  the  full   recovery   from   such
      corporation, its successors or assigns of:
        (a)  all  direct  and  indirect  costs  and  expenses  incurred by the
      authority in connection with such actions or contracts;
        (b) all direct  and  indirect  costs  incurred  by  the  authority  in
      connection  with  damages to third parties resulting from any actions of
      the authority in connection with such actions  or  contracts;  provided,
      however, that the authority shall not be indemnified against damages for
      gross negligence or willful misconduct; and
        (c)  all  damages  incurred  by  the authority in connection with such
      actions or  contracts  other  than  damages  resulting  from  its  gross
      negligence or willful misconduct.
        In  no  event shall the authority recover any costs or damages related
      to such actions or contracts from any of its customers other  than  such
      corporation its successors or assigns.