Washington § 81.08.040 Prior to issuance—Filing required—Contents.

Washington Statutes

§ 81.08.040 — Prior to issuance—Filing required—Contents.

Washington § 81.08.040

Title 81TRANSPORTATION

Ch. 81.08SECURITIES

This text of Washington § 81.08.040 (Prior to issuance—Filing required—Contents.) is published on Counsel Stack Legal Research, covering Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wash. Rev. Code § 81.08.040 (2026).

Text

Any public service company that undertakes to issue stocks, stock certificates, other evidence of interest or ownership, bonds, notes, or other evidences of indebtedness shall file with the commission before such issuance:

(1)A description of the purposes for which the issuance is made, including a certification by an officer authorized to do so that the proceeds from any such financing is for one or more of the purposes allowed by this chapter;

(2)A description of the proposed issuance including the terms of financing; and

(3)A statement as to why the transaction is in the public interest.

Free access — add to your briefcase to read the full text and ask questions with AI

Any public service company that undertakes to issue stocks, stock certificates, other evidence of interest or ownership, bonds, notes, or other evidences of indebtedness shall file with the commission before such issuance:

(1) A description of the purposes for which the issuance is made, including a certification by an officer authorized to do so that the proceeds from any such financing is for one or more of the purposes allowed by this chapter;

(2) A description of the proposed issuance including the terms of financing; and

(3) A statement as to why the transaction is in the public interest.