(a) Organizations or reorganizations of all public utilities shall be subject to the supervision and control of the Arkansas Public Service Commission or the Arkansas State Highway and Transportation Department.
(b) (1) No organization or reorganization shall be had or given effect without the written approval of the commission or the department.
(2) No plan of organization or reorganization shall be approved by the commission or the department unless it shall be established by the applicant for approval that the plan is consistent with the public interest.
Section: 23-3-102 23-3-103 23-3-104 23-3-105 23-3-106 23-3-107 23-3-108 23-3-109 23-3-110 23-3-111 23-3-112 23-3-113 23-3-114 23-3-115 NextLast modified: November 15, 2016