Alabama Statutes

§ 37-4-2 — Jurisdiction of Commission Limited as to Nonutilities

Alabama·Title 37 Public Utilities and Public Transportation·Ch. 4 Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers·Art. 1 Rate and Other Regulations
The commission shall not have any jurisdiction, authority, power or control in any respect whatsoever over any nonutility, as defined in Section 37-4-1, except as may be provided in Division 2 of Article 2 of this chapter. Any utility, as defined by Section 37-4-1, may sell, lease or otherwise dispose of any or all of its property, including, without limitations, any franchise, rights, contracts, business, good will, capital stock and all other assets to any such nonutility without the approval or consent of the commission, except as may be provided in Division 2 of Article 2 of this chapter.

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Legislative History

(Acts 1935, No. 1, p. 1; Code 1940, T. 48, §303.)

Nearby Sections

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