Montana Statutes

§ 69-3-506 — Unapproved Securities Void

Montana·Title 69 PUBLIC UTILITIES AND CARRIERS·Ch. 3 REGULATION OF UTILITIES·Part 5 Issuance of Securities and Creation of Liens
69-3-506 . Unapproved securities void. Except as provided in 69-3-505 , all securities issued, assumed, or guaranteed after July 1, 1961, without approval by the commission as provided herein shall be void.

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Legislative History

En. Sec. 5, Ch. 74, L. 1961; R.C.M. 1947, 70-117.5.

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