K O Transmission Company

Original Volume No. 1

Effective Date: 06/01/1997, Docket: RP97-339-000, Status: Effective

First Revised Sheet No. 036 First Revised Sheet No. 036 : Effective

Superseding: Original Sheet No. 036

GENERAL TERMS AND CONDITIONS (continued)

2. Request for Service (con't.)

recent Forms 10-Q and 10-K; provided that if Requestor has no Annual Report or

Forms 10-Q or 10-K it must provide its most recent audited financial report, any

current filings with other regulatory agencies that discuss Requestor's

financial condition, and a detailed business description that includes

Requestor's corporate form, the number of years or months it has been in

business, the nature of its business, and the number of its employees;

(c)

a list of Requestor's affiliates, including any parent and subsidiary companies;

(d)

the names, addresses and telephone numbers of three trade references with whom

Transporter may make reasonable inquiry into Requestor's creditworthiness, and

copies of any available reports from credit reporting and bond rating agencies;

(e)

names, addresses and telephone numbers of bank references;

(f)

disclosure of past and pending bankruptcy or other similar state or federal

proceedings, outstanding judgments or pending claims or lawsuits that could

affect the solvency of Requestor; and

(g)

any other data Requestor desires to submit that would assist Transporter in

determining creditworthiness.

Transporter may waive the requirements of all or any part of Section 2.3 on a

nondiscriminatory basis. A Requestor that is an existing Shipper on

Transporter's system shall not be required to provide the information required

by Section 2.3 in order to make a new request for service, provided however that

Transporter may require an existing Shipper to furnish any information

necessary to make a creditworthiness determination with respect to that

Shipper/Requestor's new request for service.

In lieu of submitting all or any part of the data required by this Section a

Requestor that has submitted such data to Transporter within the past twelve

months may certify that all or any part of such data has not