Section 7-25A-8 - Hearing prerequisite to purchase or sale of certain water or sewer utilities.
7-25A-8. Hearing prerequisite to purchase or sale of certain water or sewer utilities. No improvement district may purchase or sell a water or sewer utility that provides service to the public for compensation until the governing body of the improvement district has held a public hearing on the purchase or sale and made a determination that the purchase or sale is in the public interest.
Source: SL 1989, ch 59, § 8.