35-A §3138. Joint ownership of facility; waiver of right to partition

Title 35-A: PUBLIC UTILITIES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Part 3: ELECTRIC POWER HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

Chapter 31: GENERAL PROVISIONS HEADING: PL 1987, C. 141, PT. A, §6 NEW)

Subchapter 2: ENERGY PLANNING; CONSTRUCTION; PURCHASES HEADING: PL 1987, C. 141, PT. A, §6 (NEW)

§3138. Joint ownership of facility; waiver of right to partition

Notwithstanding Title 14, chapter 719, any domestic transmission and distribution utility or foreign electric utility that acquires or owns a joint or common interest with one or more other utilities or other persons in any property that is used or acquired for use as a utility facility may surrender or waive its right to have a partition by division or partition by sale of the property for a period that does not exceed the period for which the property is used or useful for transmission and distribution utility purposes. [1999, c. 398, Pt. A, §§104, 105 (AFF); 1999, c. 398, Pt. A, §53 (AMD).]

SECTION HISTORY

1987, c. 141, §A6 (NEW). 1999, c. 398, §§A104,105 (AFF). 1999, c. 398, §A53 (AMD).