Section 45-9A-40 – Proceeds From Sale of Gas Distribution System.

Section 45-9A-40 Proceeds from sale of gas distribution system. (a) The City of LaFayette has received proceeds from the sale of its gas distribution system, and all one million nine hundred twenty thousand dollars ($1,920,000) of such proceeds shall be used to establish an investment fund named “City of LaFayette Gas System Sale Investment Funds.” […]