{"data":{"id":"us-vt/11-v.s.a.-273","jurisdiction":"us-vt","citation":"11 V.S.A. § 273","heading":"Public service corporations, powers of Commission","body":"In authorizing the issue by a corporation, subject to its jurisdiction, of stock without par value as provided by section 262 of this title, the Public Utility Commission shall ascertain the amount of money that is reasonably necessary for the corporation for which such issue of stock has been authorized by the corporation. The Commission shall fix the number of additional shares to be issued and the price per share at such number and prices as in its opinion the public interests shall require, taking into consideration the outstanding securities of the corporation, the value of its property devoted to the public use, the principal market value of such additional shares, and any other pertinent matters.","path":["Title 11: Corporations, Partnerships and Associations","Chapter 001: Corporations Generally","Subchapter 005: STOCK AND STOCKHOLDERS"],"source_url":"https://legislature.vermont.gov/statutes/section/11/001/00273","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T15:52:51Z","sha256":"172aeda347a723207391bcf01f3c1e4a62d1739f02dfc6742cb404bfe94e1575","source_id":"us-vt","stale":false,"prev":"us-vt/11-v.s.a.-261-272","next":"us-vt/11-v.s.a.-274"},"notice":"GroundRules: Original legal text. Not legal advice."}