61-901. ELECTRIC, TELEPHONE, WATER AND GAS UTILITIES — ISSUANCE OF SECURITIES AUTHORIZED — LIENS — PLEDGES — PURPOSES — TERMS — SUPERVISION AND CONTROL OF PUBLIC UTILITIES COMMISSION. The right of every public utility, as defined in section 61-129, Idaho Code, furnishing electric, telephone, water or gas service in the state of Idaho, to issue, […]
61-902. PETITION FOR AUTHORITY — NOTICE AND HEARING — ORDER — REFUND. Such public utility shall, by written petition, filed with the commission and setting forth the pertinent facts involved, make application to the commission for an order authorizing the proposed issue, assumption or guarantee of securities, and the application of the proceeds therefrom for […]
61-903. SECURITIES WHICH MAY BE ISSUED WITHOUT ORDER OF COMMISSION. Such public utility may issue securities, other than stock or stock certificates, payable at periods of not more than twelve (12) months after date of issuance of the same, secured or unsecured, and aggregating (together with all other then outstanding notes and drafts of a […]
61-904. PETITIONS — PROMPT DISPOSITION — CONTINUANCES. All applications for the issuance, assumption or guarantee of securities shall be disposed of promptly, and within thirty (30) days after petition is filed with the commission unless it is necessary, for good cause, to continue same for a longer period. Whenever such application is continued beyond thirty […]
61-905. FEES TO BE PAID. Prior to the issuance of an order and security authorization under this act, the commission shall require the payment of a fee by the applicant in the amount of one dollar ($1.00) for each one thousand dollars ($1,000) of the aggregate principal amount or par or stated value of the […]
61-906. NO LIABILITY ON PART OF STATE. No provision of this act, or any act or deed done or performed in connection therewith, shall be construed to obligate the state of Idaho to pay or guarantee in any manner whatsoever any security authorized, issued, assumed or guaranteed under the provisions of this act. History: [61-906, […]
61-907. ACT SUPERIOR TO ALL LAWS. Wherever any provisions of the existing laws of the state of Idaho, or of any laws enacted at the thirty-first session of the legislature of the state of Idaho, are in conflict with the provisions of this act, it is the declared intention of the legislature that the provisions […]
61-908. SAVING CLAUSE. If any part or parts of this act shall be adjudged by the courts to be unconstitutional or invalid, the same shall not affect the validity of any part or parts thereof which can be given effect without the part or parts adjudged to be unconstitutional or invalid. History: [61-908, added 1951, […]
61-909. EXEMPTIONS. The commission may from time to time by order or rule, and subject to such terms and conditions as may be prescribed therein, exempt any security or any class of securities for which an application is required under this chapter or any public utility or class of public utility from the provisions of […]
