21-27-73 - Contract for purchase of supply of natural gas from any public nonprofit corporation for up to 10 years.
§ 21-27-73. Contract for purchase of supply of natural gas from any public nonprofit corporation for up to 10 years.
The governing authority of any municipality that owns and operates a gas distribution system, as defined in Section 21-27-11(b), and the governing authority of any public natural gas district are authorized to contract for the purchase of the supply of natural gas for a term of up to ten (10) years with any public nonprofit corporation which is organized under the laws of this state or any other state.
Sources: Laws, 2004, ch. 560, § 1, eff from and after passage (approved May 14, 2004.)