§ 5-202. Actions affecting franchises

Latest version.

   Without prior authorization of the Commission, a public service company may not:

   (1) assign, lease, or transfer a franchise or a right under a franchise;

   (2) enter into any agreement or contract that materially affects a franchise or a right under a franchise; or

   (3) abandon or discontinue the exercise of a franchise or a right as a whole or in part.

HISTORY: An. Code 1957, art. 78, § 24(b)(1), (3); 1998, ch. 8, § 2.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');