Notwithstanding Title 14, chapter 719, any domestic transmission and distribution utility or foreign electric utility that acquires or owns a joint or common interest with one or more other utilities or other persons in any property that is used or acquired for use as a utility facility may surrender or waive its right to have a partition by division or partition by sale of the property for a period that does not exceed the period for which the property is used or useful for transmission and distribution utility purposes.

PL 1987, c. 141, §A6 (NEW). PL 1999, c. 398, §A53 (AMD). PL 1999, c. 398, §§A104,105 (AFF).