3-24-17. Application of municipal money or property.
56 words·~1 min read·
/nm/chapter-3-municipalities/article-24-electric-utility/3-24-17·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No money or other property supplied by a municipality for the acquisition, operation, maintenance or management of a jointly owned generating facility in which the municipality has any interest shall be credited or otherwise applied to the account of any other joint participant.
History: 1978 Comp., § 3-24-17, enacted by Laws 1979, ch. 260, § 14.