Maine § 35-A §1102 Property not necessary or useful to a utility's duties

Maine Statutes

§ 35-A §1102 — Property not necessary or useful to a utility's duties

Maine § 35-A §1102

Title 35-APUBLIC UTILITIES

Part 1PUBLIC UTILITIES COMMISSION

Ch. 11AUTHORIZATION OF SALES, LEASES, AND MORTGAGES OF PROPERTY

This text of Maine § 35-A §1102 (Property not necessary or useful to a utility's duties) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 35-A, § 35-A §1102 (2026).

Text

Nothing in section 1101 prevents the sale, lease or other disposition by a public utility of property, which is not necessary or useful in the performance of its duties to the public. As to any purchaser of the property in good faith for value, the sale of property by a public utility shall be conclusively presumed to have been of property which is not necessary or useful in the performance of its duties to the public.

Free access — add to your briefcase to read the full text and ask questions with AI

Nothing in section 1101 prevents the sale, lease or other disposition by a public utility of property, which is not necessary or useful in the performance of its duties to the public. As to any purchaser of the property in good faith for value, the sale of property by a public utility shall be conclusively presumed to have been of property which is not necessary or useful in the performance of its duties to the public.