N.C. Gen. Stat. § 117-10.1
Municipal franchises
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
An electric membership corporation shall be eligible to receive a franchise pursuant to G.S. 160-2(6) from any city or town:
An electric membership corporation shall be eligible to receive a franchise pursuant to G.S. 160-2(6) from any city or town:
(1) In which such electric membership corporation is on April 20, 1965 furnishing electric service at retail to a majority of the electric meters; or
(1) In which such electric membership corporation is on April 20, 1965 furnishing electric service at retail to a majority of the electric meters; or
(2) To which such electric membership corporation is on April 20, 1965 furnishing the entire supply of electricity at wholesale; or
(2) To which such electric membership corporation is on April 20, 1965 furnishing the entire supply of electricity at wholesale; or
(3) Which is newly incorporated subsequent to April 20, 1965, and in which on the effective date of such incorporation the electric membership corporation is furnishing electric service at retail to a majority of the meters.
(3) Which is newly incorporated subsequent to April 20, 1965, and in which on the effective date of such incorporation the electric membership corporation is furnishing electric service at retail to a majority of the meters.
History
(1965, c. 287, s. 9.)
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.