Nebraska § 70-1009 Certified service areas; modification; application; transfer of facilities and customers; considerations; impairment of rights prohibited

Nebraska Statutes

§ 70-1009 — Certified service areas; modification; application; transfer of facilities and customers; considerations; impairment of rights prohibited

Nebraska § 70-1009

Ch. 70Power Districts and Corporations

This text of Nebraska § 70-1009 (Certified service areas; modification; application; transfer of facilities and customers; considerations; impairment of rights prohibited) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 70-1009 (2026).

Text

(1)When one supplier at the date of enactment has customers or distribution facilities extending into the certified service area of another supplier, the customers and distribution facilities of the former supplier may be acquired by negotiation or by application of either party to the board for modification of certified service area as to ownership of facilities and customers to be served.

(2)Such amendment may be made by mutual agreement, or upon application of either party to and determination by the board, upon consideration of the factors set forth in section 70-1007 , except that no transfer of facilities and customers shall be made which would impair the rights of bondholders or mortgage holders.

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(1) When one supplier at the date of enactment has customers or distribution facilities extending into the certified service area of another supplier, the customers and distribution facilities of the former supplier may be acquired by negotiation or by application of either party to the board for modification of certified service area as to ownership of facilities and customers to be served.
(2) Such amendment may be made by mutual agreement, or upon application of either party to and determination by the board, upon consideration of the factors set forth in section 70-1007 , except that no transfer of facilities and customers shall be made which would impair the rights of bondholders or mortgage holders.