State Codes and Statutes

Statutes > New-york > Pbs > Article-6 > 106

§ 106. Approval of loans.  Except with the consent and approval of the  public  service  commission  first  had  and obtained, no public utility  shall  loan  moneys,  stocks,  bonds,  notes  or  other   evidences   of  indebtedness,  to  any corporation, company, association, partnership or  individual, owning or holding, directly or indirectly, any stock of said  public utility.

State Codes and Statutes

Statutes > New-york > Pbs > Article-6 > 106

§ 106. Approval of loans.  Except with the consent and approval of the  public  service  commission  first  had  and obtained, no public utility  shall  loan  moneys,  stocks,  bonds,  notes  or  other   evidences   of  indebtedness,  to  any corporation, company, association, partnership or  individual, owning or holding, directly or indirectly, any stock of said  public utility.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Pbs > Article-6 > 106

§ 106. Approval of loans.  Except with the consent and approval of the  public  service  commission  first  had  and obtained, no public utility  shall  loan  moneys,  stocks,  bonds,  notes  or  other   evidences   of  indebtedness,  to  any corporation, company, association, partnership or  individual, owning or holding, directly or indirectly, any stock of said  public utility.