69-3-506. Unapproved securities void, MCA
  1. MCA Contents
  2. TITLE 69
  3. CHAPTER 3
  4. Part 5
  5. 69-3-506 Unapproved securities void

Montana Code Annotated 2019

TITLE 69. PUBLIC UTILITIES AND CARRIERS

CHAPTER 3. REGULATION OF UTILITIES

Part 5. Issuance of Securities and Creation of Liens

Unapproved Securities Void

69-3-506. Unapproved securities void. Except as provided in 69-3-505, all securities issued, assumed, or guaranteed after July 1, 1961, without approval by the commission as provided herein shall be void.

History: En. Sec. 5, Ch. 74, L. 1961; R.C.M. 1947, 70-117.5.