According to the definition of an LDC in 98.400(b), the owner/operator of each LDC that is regulated as a separate operating company by State public utility commissions or that operate as independent municipally-owned distribution systems must submit an annual report. If your LDC operates in multiple states, and you are subject to the regulations of each state for the pipelines that are within that state's borders, then the operations in each state are considered a separate LDC per the above definition. The owner/operator of each LDC as defined above must submit a separate report.
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