476.76  Reorganization defined.

For purposes of this division unless the context otherwise requires, "reorganization" means either of the following:

1.  The acquisition, sale, lease, or any other disposition, directly or indirectly, including by merger or consolidation, of the whole or any substantial part of a public utility's assets.

2.  The purchase or other acquisition or sale or other disposition of the controlling capital stock of any public utility, either directly or indirectly.

Section History: Recent form

  89 Acts, ch 103, § 7

Internal References

  Referred to in § 476.29, 476.44

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