Ark. Code Ann. § 23-3-106
This is the official text of Ark. Code Ann. § 23-3-106, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Stocks, bonds, notes, etc. - Disposition of proceeds
Official statutory text
The commission shall have the power to require every public utility, other than municipalities, to account for the disposition of the proceeds of all sales of stocks, bonds, notes, or other evidence of indebtedness, in such form and detail as it may deem advisable. Also, the commission shall have the power to establish such rules as it may deem necessary to insure the disposition of the proceeds for the purpose specified in its order. Amended by Act 2019, No. 315,§ 2379, eff. 7/24/2019. Acts 1935, No. 324, § 59; Pope's Dig., § 2119; Acts 1973, No. 410, § 1; 1981, No. 709, § 1; A.S.A. 1947, § 73-255.
The commission shall have the power to require every public utility, other than municipalities, to account for the disposition of the proceeds of all sales of stocks, bonds, notes, or other evidence of indebtedness, in such form and detail as it may deem advisable. Also, the commission shall have the power to establish such rules as it may deem necessary to insure the disposition of the proceeds for the purpose specified in its order.
Amended by Act 2019, No. 315,§ 2379, eff. 7/24/2019.
Acts 1935, No. 324, § 59; Pope's Dig., § 2119; Acts 1973, No. 410, § 1; 1981, No. 709, § 1; A.S.A. 1947, § 73-255.
The commission shall have the power to require every public utility, other than municipalities, to account for the disposition of the proceeds of all sales of stocks, bonds, notes, or other evidence of indebtedness, in such form and detail as it may deem advisable. Also, the commission shall have the power to establish such rules as it may deem necessary to insure the disposition of the proceeds for the purpose specified in its order.
Amended by Act 2019, No. 315,§ 2379, eff. 7/24/2019.
Acts 1935, No. 324, § 59; Pope's Dig., § 2119; Acts 1973, No. 410, § 1; 1981, No. 709, § 1; A.S.A. 1947, § 73-255.
Status: in_force
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