Sec. 6. (a) This section does not apply to the following:
(1) A municipality that, as of July 1, 2012, had established and operated a water utility.
(2) An action brought under:
(A) IC 8-1-2-92;
(B) IC 8-1-2-93; or
(C) IC 8-1.5-2;
before March 1, 2013.
(b) A municipality or other governmental unit may not require a utility company that provides water or sewer service to sell property used in the provision of such service to the municipality or governmental unit under IC 8-1-2-92, IC 8-1-2-93, or otherwise, unless:
(1) the commission has made all necessary findings under section 4 of this chapter; and
(2) the procedures and requirements of this chapter have been complied with and satisfied.