(a) Cooperatives and foreign corporations engaged in rendering telephone service in this state pursuant to this chapter fall within the jurisdiction of the Tennessee public utility commission for the sole and specific purposes as set out below:
(1) The establishment of territorial boundaries;(2) The hearing and determining of disputes arising between one (1) telephone cooperative and other telephone cooperatives, and between telephone cooperatives and any other type of person, corporation, association, or partnership rendering telephone service, relative to and concerning territorial disputes; and(3) The approval of sales and purchases of operating telephone properties.(b) Cooperatives and foreign corporations engaged in rendering telephone service in this state pursuant to this chapter fall within the jurisdiction of the comptroller of the treasury for the sole and specific purpose of assessing the cooperative property for ad valorem taxes as provided in § 65-29-129.(c) Either party shall have the right of appeal from any ruling, order or action by the commission or the comptroller of the treasury under the procedures established by §§ 4-5-322 and 4-5-323.
