62-165. Notifying Commission as to disposition of securities.
Whenever any securities set forth and described in any such application for authority or certificate of notification as pledged or held unencumbered in the treasury of the utility shall, subsequent to the filing of such application or certificate, be sold, pledged, repledged, or otherwise disposed of, by the utility, such utility shall, within 10 days after such sale, pledge, repledge, or other disposition, file with the Commission a certificate of notification to that effect, setting forth therein all such facts as may be required by the Commission. (1933, c. 307, s. 22; 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.