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23-1-112. Contracts in violation of Acts 1935, No. 324, or commission's order.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-1-112. Contracts in violation of Acts 1935, No. 324, or commission's order.
(a) Any contract made in violation of this act or any lawful order of the commission shall be void and subject to cancellation and recoupment by action in any court of competent jurisdiction.
(b) Where a contract is made contrary to the provisions of this act or any lawful order of the commission, the commission, after notice and hearing, may order the public utility to take steps within ten (10) days to recover the funds or assets thus illegally loaned or transferred by action in a court of competent jurisdiction or to take such other proceedings as may be effective to release the public utility from any such contract.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-1-112
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-1-112
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: ca4f7469bc98dafbb143b02abcb44955e721ce902c84e44c8fb17ab699c7c335
Source location: content.xml paragraph 275
Stored source content
23-1-112. Contracts in violation of Acts 1935, No. 324, or commission's order.
(a) Any contract made in violation of this act or any lawful order of the commission shall be void and subject to cancellation and recoupment by action in any court of competent jurisdiction.
(b) Where a contract is made contrary to the provisions of this act or any lawful order of the commission, the commission, after notice and hearing, may order the public utility to take steps within ten (10) days to recover the funds or assets thus illegally loaned or transferred by action in a court of competent jurisdiction or to take such other proceedings as may be effective to release the public utility from any such contract.
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