GroundRules
PUC § 816
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 1. REGULATION OF PUBLIC UTILITIES [201. - 3299.100.]
- PART 1. PUBLIC UTILITIES ACT [201. - 2120.]
- CHAPTER 4. Regulation of Public Utilities [701. - 940.]
- ARTICLE 5. Stocks and Security Transactions [816. - 830.]
The power of public utilities to issue stocks and stock certificates or other evidence of interest or ownership and bonds, notes, and other evidences of indebtedness and to create liens on their property situated within this State is a special privilege, the right of supervision, regulation, restriction, and control of which is vested in the State, and such power shall be exercised as provided by law under such rules as the commission prescribes.
Collected 2026-09-14T05:56:33Z. Source file · JSON