Alabama § 37-4-9 Application to Issue Securities or Assume Obligations - Time for Disposition by Commission

Alabama Statutes

§ 37-4-9 — Application to Issue Securities or Assume Obligations - Time for Disposition by Commission

Alabama § 37-4-9

Title 37Public Utilities and Public Transportation

Ch. 4Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers

Art. 1Rate and Other Regulations

This text of Alabama § 37-4-9 (Application to Issue Securities or Assume Obligations - Time for Disposition by Commission) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 37-4-9 (2026).

Text

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 60 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 60 days after the time it is filed, the order making such continuance must state fully the facts necessitating such continuance.

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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 60 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 60 days after the time it is filed, the order making such continuance must state fully the facts necessitating such continuance.