§ 14. Transfers.

All of the rights, privileges, obligations, duties, and liabilities created by this franchise shall pass to and to be binding upon the successors of the county and the successors and assigns of the cable operator. This franchise may not be assigned or transferred, however, without the prior written approval of the board, which approval shall not be unreasonably withheld. This section shall not prevent the granting of a security interest in the cable system by [the] cable operator as security for any debt incurred by [the] cable operator which is related to the operation, construction, and maintenance of such system. All transfers or assignments of the franchise between any parent and subsidiary corporation, between an entity and a partnership in which that entity is a general partner, or between entities of which at least fifty percent (50%) of the beneficial ownership by the same person, persons, or entities, shall be deemed to have been approved by the board unless within thirty (30) days after the board has been given written notice of a proposal to make such assignment or transfer, (which notice shall state the name and address of the proposed assignee or transferee and the consideration, if any, to be received by the grantee upon such assignment or transfer) the county has notified the cable operator or its assigns that the board does not approve of such assignment or transfer.