2006 Utah Code - 10-2-421 — Electric utility service in annexed area -- Reimbursement for value of facilities.

     10-2-421.   Electric utility service in annexed area -- Reimbursement for value of facilities.
     (1) If the electric consumers of the area being annexed are receiving electric utility services from sources other than the annexing municipality, the municipality may not, without the consent of the electric utility, furnish its electric utility services to the electric consumers until the municipality has reimbursed the electric utility company that previously provided the services for the value of those facilities dedicated to provide service to the annexed area.
     (2) If the annexing municipality and the electric utility cannot agree on the value, the state court having jurisdiction shall determine the fair market value of those facilities, and the municipality shall reimburse the fair market value, as determined by the court, to the electric utility company.

Amended by Chapter 206, 2001 General Session

Disclaimer: These codes may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.