2018 Rhode Island General Laws
Title 39 - Public Utilities and Carriers
Chapter 39-3 Regulatory Powers of Administration
Section 39-3-19 Unauthorized securities.

Universal Citation: RI Gen L § 39-3-19 (2018)

§ 39-3-19. Unauthorized securities.

All stocks, bonds, notes, or other evidence of indebtedness, payable at periods of more than twelve (12) months after the date of issue thereof, issued by any public utility after April 30, 1936 without the consent or permission of the division, as provided in this chapter, shall be void and of no effect.

History of Section.
(G.L. 1923, ch. 253, § 62; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 58; G.L. 1956, § 39-3-19; P.L. 1997, ch. 326, § 106.)

Disclaimer: These codes may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.