When the commission finds that the capital of a public utility corporation is impaired, or might become impaired, it may, after investigation and hearing, issue an order directing the public utility to cease paying dividends on its common stock until the impairment has been removed.
Section: Previous 42.05.511 42.05.520 42.05.521 42.05.530 42.05.531 42.05.540 NextLast modified: November 15, 2016