Statutes > Alabama Statutes > Title 37 — PUBLIC UTILITIES AND PUBLIC TRANSPORTATION. > Chapter 4 — PUBLIC UTILITIES OTHER THAN TRANSPORTATION COMPANIES OR MOTOR VEHICLE CARRIERS. > Section 37-4-105 Transfer, assignment or encumbrance of certificate.

Section 37-4-105 Transfer, assignment or encumbrance of certificate.

Section 37-4-105

Transfer, assignment or encumbrance of certificate.

No such certificate of public convenience and necessity may be transferred, assigned or encumbered unless such transaction is first approved, after hearing, by the commission.

(Acts 1971, No. 1595, p. 2733, §6.)