Okla. Stat. tit. 17, § 17-182
This is the official text of Okla. Stat. tit. 17, § 17-182, part of Oklahoma’s Stat. tit. 17, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 17,." Browse the sections below, each linked to its official government source.
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Issuance of securities and creation of liens declared a
Official statutory text
privilege - Power of supervision and regulation.
The power of public utilities to issue securities, in case of
public utilities organized under the laws of this state, and to
create liens on property in this state to secure the payment of
evidences of indebtedness in case of public utilities organized
under the laws of any other state or foreign country, is a
privilege, the right of supervision, regulation, restriction and
control of which is, and shall continue to be, vested in the state,
and such power shall be exercised as provided by law and under such
rules and regulations as the Commission may prescribe pursuant to
law.
The power of public utilities to issue securities, in case of
public utilities organized under the laws of this state, and to
create liens on property in this state to secure the payment of
evidences of indebtedness in case of public utilities organized
under the laws of any other state or foreign country, is a
privilege, the right of supervision, regulation, restriction and
control of which is, and shall continue to be, vested in the state,
and such power shall be exercised as provided by law and under such
rules and regulations as the Commission may prescribe pursuant to
law.
Status: in_force · Read it on the official government site
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