There is a newer version of the Louisiana Laws
2012 Louisiana Laws
Revised Statutes
TITLE 45 — Public utilities and carriers
RS 45:1168 — Security issues and assumptions of liability; commission's authorization necessary
LA Rev Stat § 45:1168 What's This?
§1168. Security issues and assumptions of liability; commission's authorization necessary
No public utility shall issue any security, or assume any obligation or liability as guarantor, endorser, surety, or otherwise in respect of any security of any other public utility, as defined in this Part or of any other person until it has been authorized to do so by order of the commission.
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