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The DC Code: § 34-502 Certificate showing authority to issue stock or pay dividends to be obtained.

Index34 Public Utilities. (Refs & Annos)

No public utility shall hereafter issue any stocks, stock certificates, bonds, mortgages, or any other evidences of indebtedness payable in more than 1 year from date, or pay any stock, bond or scrip dividend, until it shall have first obtained the certificate of the Commission showing authority for such issue from the Commission.

Historical and Statutory

Prior Codifications 1981 Ed., § 43-702. 1973 Ed., § 43-802. DC CODE § 34-502 Current through December 11, 2012

Credits

(Mar. 4, 1913, 37 Stat. 990, ch. 150, § 8, par. 73; Aug. 4, 1955, 69 Stat. 485, ch. 545, § 2.)