California Public Utilities Code ARTICLE 5 - Stocks and Security Transactions

• Section 816.
  The power of public utilities to issue stocks and stock certificates or other evidence of interest or ownership and bonds, notes, and other evidences of...
• Section 816.5.
  Nothing in this article or in Article 6 (commencing with Section 851) requires a common carrier by railroad subject to the Interstate Commerce Act (49...
• Section 817.
  A public utility may issue stocks and stock certificates or other evidence of interest or ownership, and bonds, notes, and other evidences of indebtedness payable...
• Section 818.
  No public utility may issue stocks and stock certificates, or other evidence of interest or ownership, or bonds, notes, or other evidences of indebtedness payable...
• Section 819.
  To enable it to determine whether it will issue the order, the commission may hold a hearing and may make such additional inquiry or investigation,...
• Section 820.
  The commission shall have no power to authorize the capitalization of the right to be a corporation, or the capitalization of any franchise or permit,...
• Section 821.
  Subject to the provisions of this article, any public utility may issue bonds, or other interest bearing securities maturing at periods of more than 12...
• Section 822.
  Pursuant to this part the commission may, upon an application for an order to issue stocks, bonds, debentures, notes, or other securities or to deliver...
• Section 823.
  (a) No public utility shall, without the consent of the commission, apply any part of the issue of any stock or stock certificate or other evidence...
• Section 824.
  The commission may require public utilities to account for the disposition of the proceeds of all sales of stocks and stock certificates or other evidence...
• Section 825.
  All stock and every stock certificate or other evidence of interest or ownership, and every bond, note, or other evidence of indebtedness, of a public...
• Section 826.
  Every public utility which, directly or indirectly issues or causes to be issued, any stock or stock certificate or other evidence of interest or ownership,...
• Section 827.
  Every officer, agent, or employee of a public utility, and every other person is guilty of a felony who does any of the following acts:(a) Knowingly...
• Section 828.
  No provision of this part, and no act done or performed under or in connection therewith, shall obligate the State to pay or guarantee, in...
• Section 829.
  (a) This article shall not apply to any person or corporation which transacts no business subject to regulation under this part, except performing services or delivering...
• Section 830.
  No public utility shall assume any obligation or liability as guarantor, endorser, surety, or otherwise in respect of the securities of any other person, firm,...

Last modified: October 22, 2018