Arkansas Statutes
§ 23-1-112 — Contracts in violation of Acts 1935, No. 324, or commission's order
Arkansas·Title 23
(a)Any contract made in violation of this act or any lawful order of the commission shall be void and subject to cancellation and recoupment by action in any court of competent jurisdiction.
(b)Where a contract is made contrary to the provisions of this act or any lawful order of the commission, the commission, after notice and hearing, may order the public utility to take steps within ten (10) days to recover the funds or assets thus illegally loaned or transferred by action in a court of competent jurisdiction or to take such other proceedings as may be effective to release the public utility from any such contract.
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Arkansas § 23-1-112 (Contracts in violation of Acts 1935, No. 324, or commission's order) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1935, No. 324, § 39; Pope's Dig., § 2102; A.S.A. 1947, § 73-238.
Nearby Sections
15
§ 23-1-101
Definitions§ 23-1-103
Compliance with Acts 1935, No. 324, and rules of commission required - Penalties for noncompliance§ 23-1-106
Penalties cumulative - Recovery of penalty not bar to further penalty or criminal prosecution§ 23-1-108
Jurisdiction and venue of actions§ 23-1-110
Actions tried without jury - Exceptions§ 23-1-111
Copies of official papers as evidence§ 23-1-115
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