Arkansas § 23-3-106 Stocks, bonds, notes, etc. - Disposition of proceeds

Arkansas Statutes

§ 23-3-106 — Stocks, bonds, notes, etc. - Disposition of proceeds

Arkansas § 23-3-106

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This text of Arkansas § 23-3-106 (Stocks, bonds, notes, etc. - Disposition of proceeds) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 23-3-106 (2026).

Text

The commission shall have the power to require every public utility, other than municipalities, to account for the disposition of the proceeds of all sales of stocks, bonds, notes, or other evidence of indebtedness, in such form and detail as it may deem advisable. Also, the commission shall have the power to establish such rules as it may deem necessary to insure the disposition of the proceeds for the purpose specified in its order.

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The commission shall have the power to require every public utility, other than municipalities, to account for the disposition of the proceeds of all sales of stocks, bonds, notes, or other evidence of indebtedness, in such form and detail as it may deem advisable. Also, the commission shall have the power to establish such rules as it may deem necessary to insure the disposition of the proceeds for the purpose specified in its order.

Legislative History

Amended by Act 2019, No. 315,§ 2379, eff. 7/24/2019. Acts 1935, No. 324, § 59; Pope's Dig., § 2119; Acts 1973, No. 410, § 1; 1981, No. 709, § 1; A.S.A. 1947, § 73-255.