Any permit, license, or franchise heretofore granted to a public utility by the state or a municipality to occupy the streets, highways, alleys, or other public ways of any municipality for the purpose of carrying on any of the public services defined in this act, is amended in such manner that the permit, license, or franchise shall continue in force until such time as the municipality having authority to do so shall purchase the property operated under the permit or franchise in accordance with the terms and provisions of this act or until terminated according to law for misuser or nonuser.
Structure Arkansas Code
Subtitle 12 - Public Utilities Generally
Chapter 200 - Municipal Authority over Utilities
§ 14-200-101. Jurisdiction over utilities — Appeal — Definition
§ 14-200-102. Violation of municipal franchise — Penalty — Damages
§ 14-200-103. Duration of permits granted by municipalities
§ 14-200-104. Continuation of existing franchises and permits
§ 14-200-105. Acceptance of permit as consent to future sale
§ 14-200-106. Municipal power to acquire, construct, or operate public utility plant
§ 14-200-107. Election to authorize purchase by municipality
§ 14-200-108. Compensation and damages for purchase
§ 14-200-109. Municipal power to finance electric facilities system
§ 14-200-110. Municipal access to utility records
§ 14-200-112. Exemption from regulation by state commissions