signed by Governor (Acts Ch. 108)
Summary
The law mandates that each city’s legislative body must sell any existing utility franchise to the highest and best bidder at least six months before its expiration, setting fair terms for service quality and, in first‑class cities, price. The rule does not apply if the utility is unnecessary, the city wishes to end the service, or the city plans to operate its own municipal plant (for non‑first‑class cities).
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