Upon the foreclosure or other judicial sale of all or a part of a CATV system, or
upon the termination of any lease covering all or a part of a CATV system, the grantee
shall notify the chief executive of such event. A foreclosure or other judicial sale
of all or a part of a CATV system, except a foreclosure or judicial sale to the holder
of a mortgage, trust deed, deed to secure debt, pledge or other hypothecation acquired
pursuant to subsection (c) of section 8-87, shall be treated as a change in control of the grantee, and the provisions of this
chapter governing the consent of the county to such change in control shall apply.
(Code 1976, § 7-6113)
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