D.C. Code § 34-502
Certificate showing authority to issue stock or pay dividends to be obtained.
Effective Aug 4, 1955Mar. 4, 1913, 37 Stat. 990, ch. 150, § 8, par. 73; Aug. 4, 1955, 69 Stat. 485, ch. 545, § 2
No public utility shall hereafter issue any stocks, stock certificates, bonds, mortgages, or any other evidences of indebtedness payable in more than 1 year from date, or pay any stock, bond or scrip dividend, until it shall have first obtained the certificate of the Commission showing authority for such issue from the Commission.
History
Mar. 4, 1913, 37 Stat. 990, ch. 150, § 8, par. 73
Aug. 4, 1955, 69 Stat. 485, ch. 545, § 2
Prior Codifications
1973 Ed., § 43-802.
1981 Ed., § 43-702.
Cross References
Penal provisions, stock issue by false statements, see § 34-701.