§ 39-20-6 - Joint ownership and waiver of the right of partition. - Rhode-island Statutes

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Statutes > Rhode-island > Title-39 > Chapter-39-20 > 39-20-6

SECTION 39-20-6

§ 39-20-6 Joint ownership and waiver ofthe right of partition. – If any domestic or foreign electric utility acquires or owns an interest as atenant in common with one or more other domestic or foreign electric utilitiesin any electric generating facility in this state, the surrender or waiver byany owner of the property of the right to partition the property for a periodnot exceeding the period for which the property is used or useful for electricutility purposes, shall not be invalid or unenforceable by reason of the lengthof the period, nor shall such surrender or waiver be construed as undulyrestricting the alienation of the property.

State Codes and Statutes

Statutes > Rhode-island > Title-39 > Chapter-39-20 > 39-20-6

SECTION 39-20-6

§ 39-20-6 Joint ownership and waiver ofthe right of partition. – If any domestic or foreign electric utility acquires or owns an interest as atenant in common with one or more other domestic or foreign electric utilitiesin any electric generating facility in this state, the surrender or waiver byany owner of the property of the right to partition the property for a periodnot exceeding the period for which the property is used or useful for electricutility purposes, shall not be invalid or unenforceable by reason of the lengthof the period, nor shall such surrender or waiver be construed as undulyrestricting the alienation of the property.

State Codes and Statutes

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State Codes and Statutes

Statutes > Rhode-island > Title-39 > Chapter-39-20 > 39-20-6

SECTION 39-20-6

§ 39-20-6 Joint ownership and waiver ofthe right of partition. – If any domestic or foreign electric utility acquires or owns an interest as atenant in common with one or more other domestic or foreign electric utilitiesin any electric generating facility in this state, the surrender or waiver byany owner of the property of the right to partition the property for a periodnot exceeding the period for which the property is used or useful for electricutility purposes, shall not be invalid or unenforceable by reason of the lengthof the period, nor shall such surrender or waiver be construed as undulyrestricting the alienation of the property.