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Utah Code Title 54. Public Utilities § 54-8b-3.4. Exemption from merger and acquisition approval by commission

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

(1)(a) Except as provided in Subsection (2), a telecommunications corporation is exempt from the requirements of Sections 54-4-28, 54-4-29, and 54-4-30 if the telecommunications corporation is:

(i) a competitive entrant pursuant to Section 54-8b-2.1; or

(ii) an incumbent telecommunications corporation that has pricing flexibility pursuant to Section 54-8b-2.3.

(b) A telecommunications corporation that is exempt under Subsection (1) shall notify the commission in writing prior to the conclusion of any transaction that would otherwise be subject to Section 54-4-28, 54-4-29, or 54-4-30.

(2) The exemption described in Subsection (1) does not apply if the telecommunications corporation receives high cost support from the Universal Public Telecommunications Support Fund established in Section 54-8b-15, other than a one-time distribution described in Section 54-8b-15.

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Cite this article: FindLaw.com - Utah Code Title 54. Public Utilities § 54-8b-3.4. Exemption from merger and acquisition approval by commission - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-54-public-utilities/ut-code-sect-54-8b-3-4/

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