Nebraska Statutes 66-1821. Franchise or certificate of convenience; restrictions
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No franchise or certificate of convenience granted to a jurisdictional utility shall be assigned, transferred, or leased unless the assignment, transfer, or lease has been approved by the commission as being consistent with the public interest.
Terms Used In Nebraska Statutes 66-1821
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC