Ohio § 4905.45 Indorsement of public utility or railroad securities

Ohio Statutes

§ 4905.45 — Indorsement of public utility or railroad securities

Ohio § 4905.45

Title 49Public Utilities

Ch. 4905Public Utilities Commission - General Powers

This text of Ohio § 4905.45 (Indorsement of public utility or railroad securities) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 4905.45 (2026).

Text

Public utility or railroad corporations may,  incident to the sale or pledge of bonds, notes, or other  securities owned by them, jointly or severally indorse such  securities and guarantee due payment of them, in any case in which  such indorsement and guarantee is authorized by the public  utilities commission or the interstate commerce commission.

This section does not apply to telephone companies.

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Public utility or railroad corporations may, incident to the sale or pledge of bonds, notes, or other securities owned by them, jointly or severally indorse such securities and guarantee due payment of them, in any case in which such indorsement and guarantee is authorized by the public utilities commission or the interstate commerce commission.

This section does not apply to telephone companies.