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67 chapters · 710 sections in this title.
35-A M.R.S. § 1101 Authorization required
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1. Utilities to secure authorization from the commission. A public utility must secure an order of authorization from the commission before it may: A. Sell, lease, assign, mortgage or otherwise dispose of or encumber the whole or part of its property that is necessary or useful i…
35-A M.R.S. § 1102 Property not necessary or useful to a utility's duties
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Nothing in section 1101 prevents the sale, lease or other disposition by a public utility of property, which is not necessary or useful in the performance of its duties to the public. As to any purchaser of the property in good faith for value, the sale of property by a public ut…
35-A M.R.S. § 1103 Transfer of utility stock
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The following provisions apply to the acquisition of utility stock by another utility: [PL 1987, c. 141, Pt. A, §6 (NEW).] 1. Commission authorization. No public utility may purchase, acquire, take or hold any part of the capital stock of any other public utility organized or exi…
35-A M.R.S. § 1104 Abandonment of property or service
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1. Commission approval. No public utility may abandon all or part of its plant, property or system necessary or useful in the performance of its duties to the public, or discontinue the service which it is providing to the public by the use of such facilities, without first secur…