§ 113.130. FORECLOSURE.

Latest version.

Upon foreclosure or other judicial sale of all or a substantial part of the cable communications system or upon the termination of any lease covering all or a substantial part of the cable communications system, a franchisee shall notify the village of such fact. Such notification shall be treated as notification that a change in control of the franchisee has taken place, and the provisions of this chapter governing transfer shall apply.
(Ord. passed - -)

                    
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