Illinois § 7-203

Illinois Statutes

§ 7-203

Illinois § 7-203

JurisdictionIllinois

TopicREGULATION

Ch. 220UTILITIES

Act 220 ILCS 5/Public Utilities Act.

Art.Article VII - Intercorporate Relations

This text of Illinois § 7-203 is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

220 Ill. Comp. Stat. 7-203 (2026).

Text

No franchise, license, permit or right to own, operate, manage or control any public utility shall be assigned, transferred or leased nor shall any contract or agreement with reference to or affecting any such franchise, license, permit or right be valid or of any force or effect whatsoever, unless such assignment, lease, contract, or agreement shall have been approved by the Commission. Such permission shall not be construed to revive or validate any lapsed or invalid franchise, license, permit or right, or to enlarge or add to the powers and privileges contained in the grant of any franchise, license, permit or right, or to waive any forfeiture. The provisions of this Section shall not apply to any transactions by or with a political subdivision or municipal corporation organized under t

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No franchise, license, permit or right to own, operate, manage or control any public utility shall be assigned, transferred or leased nor shall any contract or agreement with reference to or affecting any such franchise, license, permit or right be valid or of any force or effect whatsoever, unless such assignment, lease, contract, or agreement shall have been approved by the Commission. Such permission shall not be construed to revive or validate any lapsed or invalid franchise, license, permit or right, or to enlarge or add to the powers and privileges contained in the grant of any franchise, license, permit or right, or to waive any forfeiture. The provisions of this Section shall not apply to any transactions by or with a political subdivision or municipal corporation organized under the laws of this State.