The commission shall not have any jurisdiction, authority, power or control in any respect whatsoever over any nonutility, as defined in Section 37-4-1, except as may be provided in Division 2 of Article 2 of this chapter. Any utility, as defined by Section 37-4-1, may sell, lease or otherwise dispose of any or all of its property, including, without limitations, any franchise, rights, contracts, business, good will, capital stock and all other assets to any such nonutility without the approval or consent of the commission, except as may be provided in Division 2 of Article 2 of this chapter.
Structure Code of Alabama
Title 37 - Public Utilities and Public Transportation.
Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.
Article 1 - Rate and Other Regulations.
Section 37-4-2 - Jurisdiction of Commission Limited as to Nonutilities.
Section 37-4-2.1 - Regulation of Certain Private Water System Utilities in Class 8 Municipalities.
Section 37-4-3 - Officers and Directors Occupy Fiduciary Relationship.
Section 37-4-4 - Directors Not to Delegate or Relinquish Duties.
Section 37-4-5 - Sale or Purchase of Securities by Utility Employees.
Section 37-4-6 - Payment of Dividends.
Section 37-4-11 - Sale, Pledge or Other Disposition of Securities.
Section 37-4-12 - Guarantee or Obligation on Part of State Not to Be Implied.
Section 37-4-13 - Provisions of Article Not Applicable to Certain Notes.
Section 37-4-14 - Receiver's Certificate or Debentures.
Section 37-4-15 - Reports by Utility.
Section 37-4-16 - Validity of Securities Issued Without Authorization; Penalty for Violation.
Section 37-4-18 - Valuation of Utility Property - Notice; Filing of Protest; Finality.
Section 37-4-19 - Valuation of Utility Property - Hearing Upon Protest; Corrections; Final Order.
Section 37-4-20 - Valuation of Utility Property - Revaluation.
Section 37-4-21 - Valuation of Utility Property - Appeals.
Section 37-4-22 - Contract Rates.
Section 37-4-23 - Inspection and Supervision Fees - Generally.
Section 37-4-24 - Inspection and Supervision Fees - Recovery of Delinquent Fees.
Section 37-4-25 - Intercorporate Relations - Treatment of Utility as Part of General System.
Section 37-4-27 - Special or Reduced Rates.
Section 37-4-28 - Certificate of Convenience and Necessity - When Required; Application; Issuance.
Section 37-4-30 - Obtaining Electric Service Under a Private Contract; Definitions.