(a) Operating authority may not be transferred by sale or lease of the certificate or by the sale of substantially all of the stock or assets of a pipeline carrier holding a certificate without the prior approval of the commission. A transfer not involving a substantial change in ownership shall be summarily approved.
(b) The commission's decision under this section shall be based on the best interest of the public.
Section: Previous 42.06.240 42.06.245 42.06.250 42.06.260 42.06.270 42.06.280 42.06.285 42.06.286 42.06.290 42.06.300 42.06.305Last modified: November 15, 2016