Arkansas Code Title 23, Subtitle 1, Chapter 3, Subchapter 3 - Merger or Acquisition of Control of Domestic Public Utilities

• § 23-3-301 - Legislative Determination.
  (a) The methods and manner in which utility services are provided by domestic public utilities to the citizens, businesses, institutions, and other utility customers...
• § 23-3-302 - Definitions.
  As used in this subchapter, unless the context otherwise requires: (1) "Acquiring party" means a person and all affiliates of that person by whom...
• § 23-3-303 - Applicability.
  (a) If a domestic public utility seeks to acquire control of another domestic public utility which is subject to the Arkansas Public Service Commission's...
• § 23-3-304 - Penalties.
  (a) Any person who knowingly does or causes to be done any act, matter, or thing prohibited or declared to be unlawful by this...
• § 23-3-305 - Powers of Commission.
  The Arkansas Public Service Commission shall have power to perform any and all acts, and to prescribe, issue, make, amend, and rescind any orders,...
• § 23-3-306 - Procedure Generally.
  (a) Any person who acquires five percent (5%) or more of the aggregate number of the issued and outstanding voting securities of a domestic...
• § 23-3-307 - Statement Filed With Commission -- Contents -- Amendments.
  (a) The statement to be filed with the Arkansas Public Service Commission as required by § 23-3-306 shall be made under oath or affirmation...
• § 23-3-308 - Statement Filed With Commission -- Attachments and Incorporation by Reference.
  If any offer, request, invitation, merger, or acquisition referred to in § 23-3-306 is proposed to be made by means of a registration statement...
• § 23-3-309 - Payment of Expenses of Investigation.
  The expense of conducting an analysis or investigation by the Arkansas Public Service Commission of the information required to be filed under § 23-3-307...
• § 23-3-310 - Grounds for Disapproval.
  The Arkansas Public Service Commission shall approve any merger or other acquisition of control referred to in § 23-3-306 unless, after a public hearing...
• § 23-3-311 - Hearing -- Notice -- Determination.
  (a) The public hearing referred to in § 23-3-310 shall be commenced within thirty (30) days after the statement required by § 23-3-306 is...
• § 23-3-312 - Rehearing.
  Any party to a proceeding before the Arkansas Public Service Commission aggrieved by an order issued by the commission pursuant to this subchapter may...
• § 23-3-313 - Judicial Review.
  Any party to a proceeding before the Arkansas Public Service Commission aggrieved by an order issued by the commission in the proceeding may obtain...
• § 23-3-314 - Stay of Order Pending Review.
  (a) The filing of an application for rehearing under § 23-3-312 shall not, unless specifically ordered by the Arkansas Public Service Commission, operate as...
• § 23-3-315 - Jurisdiction Over Nonresidents -- Service of Process.
  (a) The courts of this state are vested with jurisdiction over every person not resident, domiciled, or authorized to do business in this state...
• § 23-3-316 - Injunctions -- Criminal Proceedings.
  (a) Whenever it shall appear to the Arkansas Public Service Commission, the Attorney General, or a domestic public utility which reasonably believes itself to...

Last modified: November 15, 2016