PUBLISHED

N.C.G.S. § 117-10.1

Municipal franchises.

Effective date: 2026-08-08
Last verified: 2026-08-09
Source: official source
Revision history: view all versions

An electric membership corporation shall be eligible to receive a franchise pursuant to G.S. 160-2(6) from any city or town: (1) In which such electric membership corporation is on April 20, 1965 furnishing electric service at retail to a majority of the electric meters; or (2) To which such electric membership corporation is on April 20, 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 electric membership corporation is furnishing electric service at retail to a majority of the meters. (1965, c. 287, s. 9.)