Legislation
SECTION 1020-F*2
Sale of surplus
Public Authorities (PBA) CHAPTER 43-A, ARTICLE 5, TITLE 1-A*
* § 1020-f. Sale of surplus. Whenever any electrical energy which the
authority may acquire creates a surplus over the amount of light, heat
and power, in any of such services, required by the residents of the
district to which such service is contracted, the authority may sell
such surplus in territory outside the district to persons or public or
private corporations. In acquiring any facility or property which also
serves any municipality or territory outside the district, the
authority, if it deems it advantageous and economical so to do, may,
with the consent of the board of trustees, serve any such municipality
or territory or sell heat, power or electrical energy to persons, public
or private corporations in such territory or to such municipality.
* NB There are 2 § 1020-f's
authority may acquire creates a surplus over the amount of light, heat
and power, in any of such services, required by the residents of the
district to which such service is contracted, the authority may sell
such surplus in territory outside the district to persons or public or
private corporations. In acquiring any facility or property which also
serves any municipality or territory outside the district, the
authority, if it deems it advantageous and economical so to do, may,
with the consent of the board of trustees, serve any such municipality
or territory or sell heat, power or electrical energy to persons, public
or private corporations in such territory or to such municipality.
* NB There are 2 § 1020-f's