69-3-502. Petition for issuance of securities. 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 purposes specified.
History: En. Sec. 2, Ch. 74, L. 1961; R.C.M. 1947, 70-117.2(part).
Structure Montana Code Annotated
Title 69. Public Utilities and Carriers
Chapter 3. Regulation of Utilities
Part 5. Issuance of Securities and Creation of Liens
69-3-501. Regulation of issuance of securities and creation of liens by utilities
69-3-502. Petition for issuance of securities
69-3-503. Prompt consideration of petition
69-3-504. Decision on petition
69-3-505. Issuance of certain short-term obligations