2005 Idaho Code - 61-902 — PETITION FOR AUTHORITY -- NOTICE AND HEARING -- ORDER -- REFUND

                                  TITLE  61
                          PUBLIC UTILITY REGULATION
                                  CHAPTER 9
                            ISSUANCE OF SECURITIES
                             BY PUBLIC UTILITIES
    61-902.  PETITION FOR AUTHORITY -- NOTICE AND HEARING -- ORDER -- REFUND.
Such public utility shall, by written petition, filed with the commission and
setting forth the pertinent facts involved, make application to the commission
for an order authorizing the proposed issue, assumption or guarantee of
securities, and the application of the proceeds therefrom for the purpose
specified in such application. The commission shall, after such hearing and
upon such notice as the commission may prescribe, enter its written order
approving the petition and authorizing the proposed securities transactions,
unless the commission, for good cause shown, shall find: That such
transactions are inconsistent with the public interest and not necessary or
appropriate for or consistent with the proper performance by applicant of
service as a public utility; or that the purpose or purposes thereof are not
permitted by this act.