Section 42.06.305. Transfer of operating authority.

Latest version.

   (a) Operating authority may not be transferred by sale or lease of the certificate or by the sale of substantially all of the stock or assets of a pipeline carrier holding a certificate without the prior approval of the commission.  A transfer not involving a substantial change in ownership shall be summarily approved.
   (b) The commission's decision under this section shall be based on the best interest of the public.

Notes

Implemented As

3 AAC 48.400
3 AAC 48.410
3 AAC 48.625
3 AAC 48.640
3 AAC 48.645
3 AAC 48.648
3 AAC 48.656

References

3 AAC 48.275
3 AAC 48.640
3 AAC 48.645

History

(Sec. 1 ch 139 SLA 1972; am Sec. 4 ch 35 SLA 1977; am Sec. 17 ch 25 SLA 1999)

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');