§ 81.08.040. Prior to issuance -- Filing required -- Contents
Any public service company that undertakes to issue stocks, stock certificates, other evidence of interest or ownership, bonds, notes, or other evidences of indebtedness shall file with the commission before such issuance:
(1) A description of the purposes for which the issuance is made, including a certification by an officer authorized to do so that the proceeds from any such financing is for one or more of the purposes allowed by this chapter;
(2) A description of the proposed issuance including the terms of financing; and
(3) A statement as to why the transaction is in the public interest.
[1994 c 251 § 8; 1961 c 14 § 81.08.040. Prior: 1933 c 151 § 4; RRS § 10439-4.]
Sections: Previous 81.08.010 81.08.012 81.08.020 81.08.030 81.08.040 81.08.080 81.08.090 81.08.100 81.08.110 81.08.120 81.08.130 81.08.140 81.08.150 NextLast modified: April 7, 2009