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§ 40-301 – Issuance of stocks and bonds; authorized purposes

40-301. Issuance of stocks and bonds; authorized purposes A. The power of public service corporations to issue stocks and stock certificates, bonds, notes and other evidences of indebtedness, and to create liens on their property located within this state is a special privilege, the right of supervision, restriction and control of which is vested in […]

§ 40-302 – Order authorizing issuance of stocks, bonds or other evidences of debt; hearing on application to issue; amount of issue; issuance of short term notes without commission order; capitalization of certain items prohibited; accounting for proceeds of issues

40-302. Order authorizing issuance of stocks, bonds or other evidences of debt; hearing on application to issue; amount of issue; issuance of short term notes without commission order; capitalization of certain items prohibited; accounting for proceeds of issues A. Before a public service corporation issues stocks and stock certificates, bonds, notes and other evidences of […]

§ 40-303 – Validity of stock certificates or evidences of indebtedness; violation of law or commission authorizations; classification

40-303. Validity of stock certificates or evidences of indebtedness; violation of law or commission authorizations; classification A. All stock and every stock certificate, and every bond, note or other evidence of indebtedness of a public service corporation, issued without a valid order of the commission authorizing the issue, or if issued with the authorization of […]