§ 11-13-216. Term of agreements. (Effective 5/13/2014)  


Latest version.
  • (1) Except as provided in Subsections (2) and 11-13-204(3), each agreement under this chapter shall extend for a term not to exceed 50 years.
    (2) Subsection (1) does not apply to an agreement to which:
    (a) a project entity is a party;
    (b) an electric interlocal entity is a party; or
    (c) an energy services interlocal entity is a party.
Amended by Chapter 8, 2014 General Session