ARTICLE 5. Stocks and Security Transactions
Article 5 enacted by Stats. 1951, Ch. 764.
§§ 816–830 · 16 sections
- § 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…
- § 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 U.S.C.…
- § 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…
- § 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…
- § 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, examine…
- § 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, or the…
- § 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 months…
- § 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 other…
- § 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 of interest…
- § 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 of…
- § 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 utility,…
- § 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, or…
- § 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…
- § 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 any manner…
- § 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…
- § 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,…