49-40 CONSUMERS POWER DISTRICT DISSOLUTION AND SALE OF ASSETS
CHAPTER 49-40
CONSUMERS POWER DISTRICT DISSOLUTION AND SALE OF ASSETS
49-40-1
Conditions under which assets may be transferred or encumbered.
49-40-2
Hypothecation of assets permitted.
49-40-3
Sale of assets to other public electric company.
49-40-3.1
Sale of assets--Retroactive application.
49-40-4
Right of municipality to purchase portion of assets within boundaries.
49-40-5
Inability to agree with municipality on price--Court determination--Basis of
determination.
49-40-6
Allocation of bonded indebtedness as between municipality and other transferee--Terms of court award.
49-40-7
Transfer of assets to private person prohibited.
49-40-8
Transfer of facilities within municipality to private municipal supplier permitted.
49-40-9
Petition for dissolution of district--Conditions under which dissolution may be
permitted--Notice of dissolution--Contents of notice--Expenses of dissolution.
49-40-10
Court hearing and investigation respecting dissolution--Filing order of dissolution
with clerk of courts and secretary of state.
Title 49