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Form a Business

Transfer of ownership or control.

Batesville Code of Ordinances, App. C, § 5
in effect
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SECTION 5. - Transfer of ownership or control. (a) Assignment or Transfer. This Franchise shall not be assigned or transferred without the prior approval of the Board of Aldermen of the City of Batesville which shall not be withheld unreasonably. The purchaser, assignee, or transferee must demonstrate to the satisfaction of the Board of Aldermen its legal, financial and technical ability to operate and maintain the System. (b) Notice. The Grantee under this document shall give the City written notice of any proposed purchase, assignment, or transfer of this Franchise and should the City fail to call a meeting of the Board to consider and act upon such proposed sale, assignment or transfer within sixty days following receipt of written notice of such proposed sale, transfer, on assignment, the City shall be deemed to have consented to the proposed sale, transfer, or assignment.
Source: City of Batesville, Mississippi, Code of Ordinances (Municode Library, library.municode.com)URL: https://library.municode.com/ms/batesville/codes/code_of_ordinances?nodeId=APXCCATE_S5TROWCOFetched: 10/31/2026

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