State Codes and Statutes

Statutes > Rhode-island > Title-39 > Chapter-39-3 > 39-3-22

SECTION 39-3-22

   § 39-3-22  Security dividends –Distribution of proceeds of securities. – No public utility shall declare any stock, bond, or scrip dividend or dividethe proceeds of the sale of any stock, bond, or scrip among its stockholderswithout the consent and permission of the division.

State Codes and Statutes

Statutes > Rhode-island > Title-39 > Chapter-39-3 > 39-3-22

SECTION 39-3-22

   § 39-3-22  Security dividends –Distribution of proceeds of securities. – No public utility shall declare any stock, bond, or scrip dividend or dividethe proceeds of the sale of any stock, bond, or scrip among its stockholderswithout the consent and permission of the division.


State Codes and Statutes

State Codes and Statutes

Statutes > Rhode-island > Title-39 > Chapter-39-3 > 39-3-22

SECTION 39-3-22

   § 39-3-22  Security dividends –Distribution of proceeds of securities. – No public utility shall declare any stock, bond, or scrip dividend or dividethe proceeds of the sale of any stock, bond, or scrip among its stockholderswithout the consent and permission of the division.