State Codes and Statutes
Statutes > North-carolina > Chapter_117 > GS_117-10_1§ 117‑10.1. Municipal franchises.
An electric membership corporation shall be eligible to receive afranchise pursuant to G.S. 160‑2(6) from any city or town:
(1) In which such electric membership corporation is on April20, 1965 furnishing electric service at retail to a majority of the electricmeters; or
(2) To which such electric membership corporation is on April20, 1965 furnishing the entire supply of electricity at wholesale; or
(3) Which is newly incorporated subsequent to April 20, 1965,and in which on the effective date of such incorporation the electricmembership corporation is furnishing electric service at retail to a majorityof the meters. (1965, c. 287, s.9.)
