66-1816. Jurisdictional utility; ownership of competitor; prohibited; when.
37 words·~1 min read·
/ne/chapter-66/66-1816A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No jurisdictional utility shall purchase or acquire, take, or hold any part of the voting stock, bonds, or other forms of indebtedness of any competing jurisdictional utility, either as owner or pledgee, unless authorized by the commission.