Revised Code of Washington - RCW Title 81 Transportation - Chapter 81.08 Securities
- 81.08.010 Definition
"Public service company," as used in this chapter, means every common carrier subject to regulation as to rates and service by the utilities and transportation ...
- 81.08.012 "Evidence of indebtedness" -- Limitation of term
The term "evidence of indebtedness," as used in this chapter, shall not include conditional sales contracts or purchase money chattel mortgages.[1961 c 14 § 81.08.012. ...
- 81.08.020 Control vested in state
The power of public service companies to issue stocks and stock certificates or other evidence of interest or ownership, and bonds, notes and other evidences ...
- 81.08.030 Authority to issue
A public service company may issue stock and stock certificates or other evidence of interest or ownership, or bonds, notes or other evidence of indebtedness ...
- 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 ...
- 81.08.080 Capitalization of franchise or merger contract prohibited
The commission shall have no power to authorize the capitalization of the right to be a corporation, or to authorize the capitalization of any franchise ...
- 81.08.090 Accounting for disposition of proceeds
The commission shall have the power to require public service companies to account for the disposition of the proceeds of all sales of stocks and ...
- 81.08.100 Issuance made contrary to this chapter -- Penalties
If a public service company issues any stock, stock certificate, or other evidence of interest or ownership, bond, note, or other evidence of indebtedness, contrary ...
- 81.08.110 Penalty against company
Every public service company which, directly or indirectly, issues or causes to be issued, any stock or stock certificate or other evidence of interest or ...
- 81.08.120 Penalty against individual
Every officer, agent, or employee of a public service company, and every other person who knowingly authorizes, directs, aids in, issues or executes, or causes ...
- 81.08.130 Assumption of obligation or liability -- Compliance with filing requirements
Any public service company that assumes any obligation or liability as guarantor, indorser, surety or otherwise in respect to the securities of any other person, ...
- 81.08.140 State not obligated
No provision of this chapter, and no deed or act done or performed under or in connection therewith, shall be held or construed to obligate ...
- 81.08.150 Authority of commission -- Not affected by requirements of this chapter
No action by a public service company in compliance with nor by the commission in conformance with the requirements of this chapter may in any ...
Last modified: April 7, 2009