92-18. Sale or Lease of Franchise.
- Written consent required. The franchise shall be deemed a privilege to be held in personal trust by the grantee. It shall not be sold, sublet, transferred, leased, assigned or disposed of in whole or in part either by forced or voluntary sale, merger, consolidation or otherwise without the prior consent of the Board of County Commissioners expressed by resolution, and then only under such conditions as may therein be prescribed; nor shall title, either legal or equitable, or any right, interest or property therein pass to or vest in any person either by the act of a grantee or by operation of law without the written consent of the County Commissioners unless otherwise ordered by a court of competent jurisdiction. The Board of County Commissioners shall act upon a request for such consent within 60 days of the date thereof, and such consent shall not be unreasonably withheld. The granting, giving or reserving of any 1 or more of such consents shall not render unnecessary any subsequent consent or consents.
- Vested rights. Nothing in the franchise shall act to give the grantee vested property rights such that the same may be effectively transferred or disposed of voluntarily or involuntarily without the consent of the Board of County Commissioners.
- Transfer made in writing. Any transfer or assignment or other distribution of any of the rights under the franchise shall be made only by an instrument in writing, a duly executed copy of which shall be filed in the office of the Clerk to the Board of County Commissioners within 30 days after such transfer or assignment shall have been executed or affected and shall reflect therein the consent of the Board of County Commissioners.
