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Current as of January 01, 2024 | Updated by Findlaw Staff
If any domestic or foreign electric utility acquires or owns an interest as a tenant in common with one or more other domestic or foreign electric utilities in any electric-generating facility in this state, the surrender or waiver by any owner of the property of the right to partition the property for a period not exceeding the period for which the property is used or useful for electric utility purposes, shall not be invalid or unenforceable by reason of the length of the period, nor shall such surrender or waiver be construed as unduly restricting the alienation of the property.
Cite this article: FindLaw.com - Rhode Island General Laws Title 39. Public Utilities and Carriers § 39-20-6. Joint ownership and waiver of the right of partition - last updated January 01, 2024 | https://codes.findlaw.com/ri/title-39-public-utilities-and-carriers/ri-gen-laws-sect-39-20-6/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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