RCW 81.08.090
Accounting for disposition of proceeds.
The commission shall have the power to require public service companies to account for the disposition of the proceeds of all sales of stocks and stock certificates or other evidence of interest or ownership, and bonds, notes and other evidences of indebtedness, in such form and detail as it may deem advisable, and to establish such rules and regulations as it may deem reasonable and necessary to insure the disposition of such proceeds for the purpose or purposes specified in its order.
[ 1961 c 14 § 81.08.090. Prior: 1933 c 151 § 8; RRS § 10439-8.]
Structure Revised Code of Washington
81.08.012 - "Evidence of indebtedness"—Limitation of term.
81.08.020 - Control vested in state.
81.08.030 - Authority to issue.
81.08.040 - Prior to issuance—Filing required—Contents.
81.08.080 - Capitalization of franchise or merger contract prohibited.
81.08.090 - Accounting for disposition of proceeds.
81.08.100 - Issuance made contrary to this chapter—Penalties.
81.08.110 - Penalty against company.
81.08.120 - Penalty against individual.
81.08.130 - Assumption of obligation or liability—Compliance with filing requirements.
81.08.140 - State not obligated.
81.08.150 - Authority of commission—Not affected by requirements of this chapter.