2006 Alabama Code - Section 37-4-15 — Reports by utility.

The commission shall require periodical or special reports from each utility hereafter issuing any security, including such notes payable at periods of not more than two years from the date thereof, which shall show, in such detail as the commission may require, the disposition made of such securities and the application of the proceeds thereof.

(Acts 1920, No. 37, p. 38; Code 1923, §9752; Code 1940, T. 48, §317.)