§ 5.28.1720 — Transfers prohibited

5.28.1720 Transfers prohibited.

Except as provided by either Section 5.28.1730 or 5.28.1740 of this chapter, no part or element of a cable television system or any other real or personal property which is mandatorily included by Section 5.28.560 of this chapter within a purchase which the cable television commission or its assignee is authorized to make shall be sold, transferred, assigned, mortgaged, pledged, leased, sublet or otherwise encumbered for any purpose whatsoever, nor shall title thereto, either legal or equitable, or any right or interest therein pass to or vest in any party. Except as provided by either Sections 5.28.1730 or 5.28.1740 of this chapter, a franchise issued pursuant to the provisions of this title shall not, either in whole or in part, be sold, transferred, assigned, mortgaged, pledged, leased, sublet, or otherwise encumbered for any purpose whatsoever; nor shall title thereto, either legal or equitable, or any right or interest therein, pass to or vest in any party. Any such sale, transfer, assignment, mortgage, pledge, lease sublease or other encumbrance of whatever kind or nature made in violation of the provisions of this section shall be void. (Prior code § 20.09.750)