§101-43 Requirements prior to exercise of power. Any corporation having the power of eminent domain under section 101-41 may continue to exercise the power, provided that prior to the exercise of the power:
(1) The corporation submits to the public utilities commission its intention to exercise the power, with a description of the property to be condemned; and
(2) The public utilities commission finds that the proposed condemnation is in the public interest, that the proposed condemnation is necessary, and that the corporation will use the property for its operations as a public utility. [L 1961, c 134, pt of §6; Supp, §8-39.5; HRS §101-43]
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