42 U.S.C. § 2373 : US Code - Section 2373: Transfer to governmental or other legal entity; determination of transferee

Search 42 U.S.C. § 2373 : US Code - Section 2373: Transfer to governmental or other legal entity; determination of transferee

(a) Transfer may be made to one or more of the following, if the
transferee has the legal authority to receive and operate the
utility.
(1) the city at the community;
(2) the State in which the community is located;
(3) any political subdivision or agency of that State; or
(4) any person, firm, corporation, or other legal entity.
(b) In determining the transferee for any utility, the Commission
may consider the following:
(1) the pattern of ownership of the comparable utilities in the
State in which the community is located;
(2) the ability of the transferee to operate the utility;
(3) the probable price of the sale of the utility, the ability
of the transferee to pay that price, and any probable expense;
(4) the desires of the eligible voters of the community as
directly expressed in any vote in any officially recognized
procedure or in any procedure established by the Commission; and
(5) the benefit to the United States in reducing possible
requirements for local assistance as authorized in subchapters
VII and VIII of this chapter.
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