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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 4905.45 | Indorsement of public utility or railroad securities.

Ohio Revised Code
/
Title 49 Public Utilities
/
Chapter 4905 Public Utilities Commission - General Powers
 
Effective:
September 13, 2010
Latest Legislation:
Senate Bill 162 - 128th General Assembly
PDF:
Download Authenticated PDF
 

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.

Available Versions of this Section