RCW 80.08.020
Control vested in state.
The power of public service companies 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 and shall continue to be vested in the state, and such power shall be exercised as provided by law and under such rules and regulations as the commission may prescribe.
[ 1961 c 14 § 80.08.020. Prior: 1933 c 151 § 2; RRS § 10439-2.]
Structure Revised Code of Washington
80.08.020 - Control vested in state.
80.08.030 - Authority to issue.
80.08.040 - Prior to issuance—Filing required—Contents—Request for order establishing compliance.
80.08.043 - Issuance of notes—Compliance with RCW 80.08.040—Exceptions.
80.08.047 - Commission may exempt certain issuances—Order or rule—Public interest.
80.08.080 - Capitalization of franchises or merger contracts prohibited.
80.08.090 - Accounting for disposition of proceeds.
80.08.100 - Issuance made contrary to this chapter—Penalties.
80.08.110 - Penalty against companies.
80.08.120 - Penalty against individuals.
80.08.130 - Assumption of obligation or liability—Compliance with filing requirements.
80.08.140 - State not obligated.
80.08.150 - Authority of commission—Not affected by requirements of this chapter.
80.08.160 - Small local exchange company—Chapter does not apply.