Pennsylvania Statutes
§ 1904 — Unauthorized securities may be declared void
Pennsylvania § 1904
This text of Pennsylvania § 1904 (Unauthorized securities may be declared void) is published on Counsel Stack Legal Research, covering Pennsylvania primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
66 Pa. Cons. Stat. § 1904 (2026).
Text
In addition to any other penalty provided in this part for any violation of this chapter, the commission, after due consideration of the public interest, may declare void any securities issued, or any assumption of securities made in violation of this chapter. Any such declaration shall not be construed as a bar to the recovery, by an innocent holder-for-value of such securities, of any losses sustained by reason of the wrongful acts of the issuing or assuming public utility.
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Bluebook (online)
Pennsylvania § 1904, Counsel Stack Legal Research, https://law.counselstack.com/statute/pa/66/1904.