Ind. Code § 8-1-2-76
This is the official text of Ind. Code § 8-1-2-76, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Stocks, bonds, commercial paper, and other evidences of indebtedness; limitations upon authority to issue
Official statutory text
Sec. 76. No public utility shall hereafter issue for any purposes connected with or relating to any part of its business, any stocks, certificates of stock, bonds, notes or other evidences of indebtedness, payable at periods of more than twelve (12) months, to an amount exceeding that which may from time to time be reasonably necessary, determined as provided for under this chapter, for the purpose for which issue of stock, certificates of stock, bonds, notes or other evidences of indebtedness may be authorized.
Formerly: Acts 1913, c.76, s.88. As amended by P.L.136-2018, SEC.47.
Formerly: Acts 1913, c.76, s.88. As amended by P.L.136-2018, SEC.47.
Status: in_force · Read it on the official government site
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