Okla. Admin. Code § 165:5-7-55

Current through Vol. 42, No. 3, October 15, 2024

Section 165:5-7-55 - Assignment of certificate of convenience and necessity; water transportation line

(a) The holder of a certificate of convenience and necessity to construct, build or equip a water transportation line or amendments thereto may file its application seeking the consent of the Commission to assign, lease or alienate such certificate. Such certificate may be assigned, leased or alienated only 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.

(b) The application shall be set for hearing and notice shall be given 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.

(c) The notice shall be published once a week for two (2) consecutive weeks in a newspaper of general circulation in each county in which the line is located.

(d) Except as otherwise specifically provided in this Section, applications filed hereunder shall be governed by the provisions of the Administrative Procedures Act.

Okla. Admin. Code § 165:5-7-55