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2021 Utah Code
Title 54 - Public Utilities
Chapter 8b - Public Telecommunications Law
Section 3.4 - Exemption from merger and acquisition approval by commission.
Universal Citation:
UT Code § 54-8b-3.4 (2021)
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Effective 5/14/2019
54-8b-3.4. Exemption from merger and acquisition approval by commission.
Enacted by Chapter 85, 2019 General Session
54-8b-3.4. Exemption from merger and acquisition approval by commission.
- (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.
- (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:
- (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.
Enacted by Chapter 85, 2019 General Session
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