62-164. Applications to receive immediate attention; continuances.
All applications for the issuance of securities or assumption of liability or obligation shall be placed at the head of the Commission's docket and disposed of promptly, and all such applications shall be disposed of in 30 days after the same are filed with the Commission, unless it is necessary for good cause to continue the same for a longer period for consideration. Whenever such application is continued beyond 30 days after the time it is filed, the order making such continuance must state fully the facts necessitating such continuance. (1933, c. 307, s. 21; 1963, c. 1165, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 8 - Securities Regulation.
§ 62-160 - Permission to pledge assets.
§ 62-162 - Commission may approve in whole or in part or refuse approval.
§ 62-163 - Contents of application for permission.
§ 62-164 - Applications to receive immediate attention; continuances.
§ 62-165 - Notifying Commission as to disposition of securities.
§ 62-166 - No guarantee on part of State.
§ 62-167 - Article not applicable to note issues and renewals; notice to Commission.
§ 62-168 - Not applicable to debentures of court receivers.
§ 62-169 - Periodical or special reports.
§ 62-171 - Commission may act jointly with agency of another state where public utility operates.