Okla. Stat. tit. 17, § 17-4
This is the official text of Okla. Stat. tit. 17, § 17-4, 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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Suspension bond
Official statutory text
If the order violated for which such fine or judgment is imposed
shall have been an order promulgating or fixing rates, to be charged
by public service corporations, persons or firms, it shall be
necessary in appealing from such fine or judgment for the defendant
to give a suspending bond, executed and filed with and approved by
the Commission, payable to the state, and sufficient in amount and
security to insure the prompt refunding by the appealing
corporation, person or firm, to the parties entitled thereto, of all
charges which such company may collect or receive, pending the
appeal, in excess of those fixed or authorized by the order of the
Commission violated or disregarded by such corporation, person or
firm. Such bond shall be conditioned to require such corporation,
person or firm to keep such accounts and to make to the Commission
from time to time such report, verified by oath, as may in the
judgment of the Commission suffice to show the amount being charged
or received by the company pending the appeal, in excess of the
charge prescribed by the Commission in the order violated, together
with the names and addresses of persons to whom such overcharges
will be refunded in case the charges made by the company pending the
appeal be not sustained on the final judgment, and the commission
Oklahoma Statutes - Title 17. Corporation Commission Page 12
may at any time require such corporation, person or firm to give
additional security or to increase the suspending bond when the same
may appear to the Commission to be necessary to insure the prompt
refunding of the overcharges aforesaid. Upon the final judgment, if
the order violated is sustained in the Supreme Court, the Commission
shall distribute such overcharges to the persons to whom the same
are due, as provided in Section twenty-one, Article nine, of the
Constitution: Provided, that if the order violated is one fixing or
establishing rates and the corporation, person or firm shall obey
such order and carry its provisions into effect pending such appeal,
the last above-mentioned bond shall not be required.
shall have been an order promulgating or fixing rates, to be charged
by public service corporations, persons or firms, it shall be
necessary in appealing from such fine or judgment for the defendant
to give a suspending bond, executed and filed with and approved by
the Commission, payable to the state, and sufficient in amount and
security to insure the prompt refunding by the appealing
corporation, person or firm, to the parties entitled thereto, of all
charges which such company may collect or receive, pending the
appeal, in excess of those fixed or authorized by the order of the
Commission violated or disregarded by such corporation, person or
firm. Such bond shall be conditioned to require such corporation,
person or firm to keep such accounts and to make to the Commission
from time to time such report, verified by oath, as may in the
judgment of the Commission suffice to show the amount being charged
or received by the company pending the appeal, in excess of the
charge prescribed by the Commission in the order violated, together
with the names and addresses of persons to whom such overcharges
will be refunded in case the charges made by the company pending the
appeal be not sustained on the final judgment, and the commission
Oklahoma Statutes - Title 17. Corporation Commission Page 12
may at any time require such corporation, person or firm to give
additional security or to increase the suspending bond when the same
may appear to the Commission to be necessary to insure the prompt
refunding of the overcharges aforesaid. Upon the final judgment, if
the order violated is sustained in the Supreme Court, the Commission
shall distribute such overcharges to the persons to whom the same
are due, as provided in Section twenty-one, Article nine, of the
Constitution: Provided, that if the order violated is one fixing or
establishing rates and the corporation, person or firm shall obey
such order and carry its provisions into effect pending such appeal,
the last above-mentioned bond shall not be required.
Status: in_force · Read it on the official government site
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