42 U.S. Code § 2373 - Transfer to governmental or other legal entity; determination of transferee

(a) Transfer may be made to one or more of the following, if the transferee has the legal authority to receive and operate the utility.
(1) the city at the community;
(2) the State in which the community is located;
(3) any political subdivision or agency of that State; or
(4) any person, firm, corporation, or other legal entity.
(b) In determining the transferee for any utility, the Commission may consider the following:
(1) the pattern of ownership of the comparable utilities in the State in which the community is located;
(2) the ability of the transferee to operate the utility;
(3) the probable price of the sale of the utility, the ability of the transferee to pay that price, and any probable expense;
(4) the desires of the eligible voters of the community as directly expressed in any vote in any officially recognized procedure or in any procedure established by the Commission; and
(5) the benefit to the United States in reducing possible requirements for local assistance as authorized in subchapters VII and VIII of this chapter.

Source

(Aug. 4, 1955, ch. 543, ch. 7, § 73,69 Stat. 480.)
Transfer of Functions

Atomic Energy Commission abolished and functions transferred by sections 5814 and 5841 of this title. See also Transfer of Functions notes set out under those sections.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

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42 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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