196.485(1)(a)(a) “Affiliated interest of a person” means any of the following: 196.485(1)(a)1.1. Any person owning or holding directly or indirectly 5 percent or more of the voting securities of the person. 196.485(1)(a)2.2. Any person in any chain of successive ownership of 5 percent or more of voting securities of the person. 196.485(1)(a)3.3. Any corporation 5 percent or more of whose voting securities is owned by any person owning 5 percent or more of the voting securities of the person or by any person in any chain of successive ownership of 5 percent or more of the voting securities of the person. 196.485(1)(a)4.4. Any person who is an officer or director of the person or of any corporation in any chain of successive ownership of 5 percent or more of the voting securities of the person. 196.485(1)(a)5.5. Any corporation operating a servicing organization for furnishing supervisory, construction, engineering, accounting, legal or similar services to the person, which corporation has one or more officers or one or more directors in common with the person, and any other corporation which has directors in common with the person if the number of directors of the corporation is more than one-third of the total number of the person’s directors. 196.485(1)(am)(am) “Contribute a transmission facility” means to divest a person’s interest in the transmission facility and to transfer ownership of the transmission facility, and associated deferred tax reserves and deferred investment tax credits to the extent permitted by law, to another person. 196.485(1)(b)(b) “Cooperative” means a cooperative association organized under ch. 185. 196.485(1)(be)(be) “Director” means, with respect to a transmission company organized as a corporation under ch. 180, a member of the board of directors of the transmission company. 196.485(1)(bs)1.1. A public utility that is involved in the generation, transmission, distribution or sale of electric energy. 196.485(1)(c)(c) “Federal agency” means, with respect to a transmission utility that is a cooperative, the rural utilities service and, with respect to a transmission utility that is a public utility, the federal energy regulatory commission. 196.485(1)(d)(d) “Independent system operator” means an independent system operator that requires the approval of a federal agency to operate transmission facilities in this state or a region. 196.485(1)(dm)1m.a.a. The person does not own electric generation facilities or does not sell electric generation capacity or energy in a market within the geographic area that, on December 31, 1997, was served by the Mid-America Interconnected Network, Inc., Mid-Continent Area Power Pool, East Central Area Reliability Coordination Agreement or Southwest Power Pool reliability council of the North American Electric Reliability Council. 196.485(1)(do)(do) “Land right” means any right in real property, including fee simple ownership or a right-of-way or easement, that has been acquired for a transmission facility that is located or intended to be located on the real property. 196.485(1)(dq)(dq) “Manager” means, with respect to a transmission company organized as a limited liability company under ch. 183, the representatives of the security holders that are elected or appointed under sub. (3m) (c). 196.485(1)(dr)(dr) “Merger enforcement policy” means the enforcement policy of the federal department of justice and the federal trade commission regarding horizontal acquisitions and mergers that are subject to 15 USC 1, 18 or 45. 196.485(1)(ds)(ds) “Midwest independent system operator” means the independent system operator the establishment of which the federal energy regulatory commission has conditionally authorized in an order issued on September 16, 1998, or the successor to such independent system operator. 196.485(1)(dt)(dt) “Nontransmission utility security holder” means a security holder that is not a transmission utility security holder. 196.485(1)(dv)(dv) “Organizational start-up date” means, with respect to a transmission company that is organized as a limited liability company under ch. 183, the date on which the articles of organization become effective under s. 183.0207 or, with respect to a transmission company that is organized as a corporation under ch. 180, the date on which the articles of incorporation become effective under s. 180.0123. 196.485(1)(e)(e) “Region” means an interstate geographic area that includes any portion of this state. 196.485(1)(em)(em) “Retail electric cooperative” means a cooperative that provides retail electric service to its members. 196.485(1)(f)(f) “Rural utilities service” means the agency in the federal department of agriculture that is the successor to the rural electrification administration.