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23-3-105. Stocks, bonds, notes, etc. — Amount of issue.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-3-105. Stocks, bonds, notes, etc. — Amount of issue.
The commission shall have no power to authorize the issuance of stocks, notes, bonds, or other evidence of indebtedness of any public utility in an aggregate amount at any time exceeding the fair value of the properties of the issuer and the reasonable cost of the issuance and sale of the issues.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-3-105
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:23-3-105
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 7da4e55348a8bfe0a6ad1d9e3c355f055b89396d77b21e9662b9d79f60d83409
Source location: content.xml paragraph 1669
Stored source content
23-3-105. Stocks, bonds, notes, etc. — Amount of issue.
The commission shall have no power to authorize the issuance of stocks, notes, bonds, or other evidence of indebtedness of any public utility in an aggregate amount at any time exceeding the fair value of the properties of the issuer and the reasonable cost of the issuance and sale of the issues.
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