Alabama Code (Last Updated: November 28, 2014) |
Title37 PUBLIC UTILITIES AND PUBLIC TRANSPORTATION. |
Chapter4. PUBLIC UTILITIES OTHER THAN TRANSPORTATION COMPANIES OR MOTOR VEHICLE CARRIERS. |
Article4. Radio Utilities. |
§37-4-106. Merger or consolidation.
Latest version.
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No radio utility shall combine, merge or consolidate with, or acquire control of, another organization without first obtaining the approval of the commission, which shall be granted only after hearing and finding that such proposed combination, merger, consolidation or acquisition is in the public interest.