Competitive consequences of agreement

In the exercise of their respective powers and authority, jointly and severally, under interlocal cooperation agreements entered into under the authority of this chapter and title 12, chapter 9, electric cooperatives and municipal utilities and any separate entity or body created under § 12-9-104(c) , may exercise such powers and authority regardless of the competitive consequences thereof. Acts 1997, ch. 520, § 7. In the exercise of their respective powers and authority, jointly and severally, under interlocal cooperation agreements entered into under the authority of this chapter and title 12, chapter 9, electric cooperatives and municipal utilities and any separate entity or body created under § 12-9-104(c) , may exercise such powers and authority regardless of the competitive consequences thereof. Acts 1997, ch. 520, § 7.