ยง101-43ย  Requirements prior to exercise ofpower.ย  Any corporation having the power of eminent domain under section101-41 may continue to exercise the power, provided that prior to the exerciseof the power:

(1)ย  The corporation submits to the public utilitiescommission its intention to exercise the power, with a description of theproperty to be condemned; and

(2)ย  The public utilities commission finds that theproposed condemnation is in the public interest, that the proposed condemnationis necessary, and that the corporation will use the property for its operationsas a public utility. [L 1961, c 134, pt of ยง6; Supp, ยง8-39.5; HRS ยง101-43]