Okla. Stat. tit. 17, § 17-159.18
This is the official text of Okla. Stat. tit. 17, § 17-159.18, part of Oklahoma’s Stat. tit. 17, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 17,." Browse the sections below, each linked to its official government source.
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Assignment of certificate
Official statutory text
Certificates of convenience and necessity issued pursuant to
this act or amendments thereto shall not be assigned, leased or
alienated in any way except with the consent of the Commission upon
the petition of the holder of the certificate, and only then when
the physical assets of the water transportation company or that part
thereof covered by the certificate are assigned, leased or alienated
to the same assignee to assign a certificate of convenience and
necessity, the Commission shall cause the same to be set for hearing
and give due and proper notice in writing at least ten (10) days
prior to the date of the hearing to all persons who are served by
the facilities covered by the certificate which is sought to be
transferred, and by the publication once a week for two (2)
consecutive weeks in a newspaper of general circulation in each
county in which the line is located. If at such hearing the
Commission finds from competent evidence that the transfer is in the
best interest of the public convenience and necessity, it shall
permit the certificate to be transferred.
this act or amendments thereto shall not be assigned, leased or
alienated in any way except with the consent of the Commission upon
the petition of the holder of the certificate, and only then when
the physical assets of the water transportation company or that part
thereof covered by the certificate are assigned, leased or alienated
to the same assignee to assign a certificate of convenience and
necessity, the Commission shall cause the same to be set for hearing
and give due and proper notice in writing at least ten (10) days
prior to the date of the hearing to all persons who are served by
the facilities covered by the certificate which is sought to be
transferred, and by the publication once a week for two (2)
consecutive weeks in a newspaper of general circulation in each
county in which the line is located. If at such hearing the
Commission finds from competent evidence that the transfer is in the
best interest of the public convenience and necessity, it shall
permit the certificate to be transferred.
Status: in_force · Read it on the official government site
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