Louisiana Statutes

§ 45:1168 — Security issues and assumptions of liability; commission's authorization necessary

Louisiana·Title 45 Public Utilities and Carriers
No public utility shall issue any security, or assume any obligation or liability as guarantor, endorser, surety, or otherwise in respect of any security of any other public utility, as defined in this Part or of any other person until it has been authorized to do so by order of the commission.

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