Term of agreements.

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  • (1) Except as provided in Subsections (2) and 11-13-204(3), each agreement under this chapter shall extend for a term not to exceed 50 years.
  • (2) Subsection (1) does not apply to an agreement to which:
    • (a) a project entity is a party;
    • (b) an electric interlocal entity is a party; or
    • (c) an energy services interlocal entity is a party.




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