Utah Statutes

§ 54-4-29 — Acquiring voting stock or securities of like utility only on consent of commission.

Utah § 54-4-29
JurisdictionUtah
Title 54Public Utilities
Ch. 54-4Authority of Commission Over Public Utilities

This text of Utah § 54-4-29 (Acquiring voting stock or securities of like utility only on consent of commission.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Utah Code Ann. § 54-4-29 (2026).

Text

Hereafter no public utility shall purchase or acquire any of the voting securities or the secured obligations of any other public utility engaged in the same general line of business without the consent and approval of the Public Service Commission, which shall be granted only after investigation and hearing and finding that such purchase and acquisition of such securities, or obligations, will be in the public interest.

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Legislative History

Amended by Chapter 9, 2001 General Session

Nearby Sections

15
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Bluebook (online)
Utah § 54-4-29, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/54-4-29.