For purposes of this subchapter unless the context otherwise requires, “reorganization” means either of the following:

1. 1. The acquisition, sale, lease, or any other disposition, directly or indirectly, including by merger or consolidation, of the whole or any substantial part of a public utility’s assets.
2. 2. The purchase or other acquisition or sale or other disposition of the controlling capital stock of any public utility, either directly or indirectly.

89 Acts, ch 103, §7; 2014 Acts, ch 1026, §143

Referred to in §476.44