§ 30-1014 — Obligations of successor to public power entity

Any successor to a public power entity, whether pursuant to a bankruptcy, reorganization or other insolvency proceeding or pursuant to a merger, acquisition, sale or transfer or other business combination by operation of law or agreement of the public power entity or otherwise, shall perform and satisfy all obligations of and have the same rights and obligations under this chapter or any financing resolution as the public power entity in the same manner and to the same extent as the public power entity, including acting as a servicer and collecting and paying to the person entitled to receive the financing charges and financing revenues.