Rhode Island Statutes
§ 39-3-22 — § 39-3-22. Security dividends — Distribution of proceeds of securities.
Rhode Island § 39-3-22
JurisdictionRhode Island
Title 39Public Utilities and Carriers
Ch. 39-3Regulatory Powers of Administration
This text of Rhode Island § 39-3-22 (§ 39-3-22. Security dividends — Distribution of proceeds of securities.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
R.I. Gen. Laws § 39-3-22 (2026).
Text
§ 39-3-22. Security dividends — Distribution of proceeds of securities.
No public utility shall declare any stock, bond, or scrip dividend or divide the proceeds of the sale of any stock, bond, or scrip among its stockholders without the consent and permission of the division.
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Legislative History
G.L. 1923, ch. 253, § 62; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 58; G.L. 1956, § 39-3-22; P.L. 1966, ch. 83, § 1.
Nearby Sections
15
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Bluebook (online)
Rhode Island § 39-3-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/39-3-22.