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Minnesota Statutes Utilities (Ch. 216-216H) § 216B.51. Stock purchase

Current as of January 01, 2025 | Updated by Findlaw Staff

Subdivision 1. Stock of another utility. No public utility shall purchase voting stock in another public utility doing business in Minnesota without first having made application to and received the consent of the commission in writing or by order.

Subd. 2. Repealed by Laws 1978, c. 795, § 10.

Subd. 3. Exempt from other law. Mergers and consolidations as enumerated in subdivision 1 hereof shall be exempt from the provisions of chapter 80B.

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Cite this article: FindLaw.com - Minnesota Statutes Utilities (Ch. 216-216H) § 216B.51. Stock purchase - last updated January 01, 2025 | https://codes.findlaw.com/mn/utilities-ch-216-216h/mn-st-sect-216b-51/

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