TITLE XXXIV
PUBLIC UTILITIES

CHAPTER 374-A
AUTHORIZING ELECTRIC UTILITIES TO PARTICIPATE IN ELECTRIC POWER FACILITIES

Authority, Taxation, Regulation

Section 374-A:4

    374-A:4 Joint Ownership and Waiver of the Right of Partition. – If any domestic or foreign electric utility acquires or owns an interest as a tenant in common with one or more other domestic or foreign electric utilities in any electric power facilities in this state, the surrender or waiver by any such owner of such property of its right to partition such property shall not be invalid or unenforceable as unduely restricting the alienation of such property.

Source. 1975, 501:1, eff. June 24, 1975.