Alaska § 42.06.305 - Transfer of operating authority.
Full text of Alaska Alaska Statutes § 42.06.305 — Transfer of operating authority., with citation guidance and answers to common questions.
§ 42.06.305. Transfer of operating authority.
(a) Operating authority may not be transferred by sale or lease of the certificate or by the sale of substantially all of the stock or assets of a pipeline carrier holding a certificate without the prior approval of the commission. A transfer not involving a substantial change in ownership shall be summarily approved.
(b) The commission's decision under this section shall be based on the best interest of the public.
Article 3. Services and Facilities.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 42.06.305
What does Alaska Statutes § 42.06.305 cover?
Section 42.06.305 ("Transfer of operating authority.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 42.06.305?
A common citation format is "Alaska Statutes § 42.06.305" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 42.06.305 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.