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The Laws of New York
Consolidated Laws of New York
CHAPTER 48
Public Service
ARTICLE 6
Provisions Affecting Two or More Kinds of the Public Service and the Persons and Corporations Furnishing Such Service
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SECTION 105
Purposes of article
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ARTICLE 6
Provisions Affecting Two or More Kinds of the Public Service and the Persons and Corporations Furnishing Such Service
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SECTION 107
Approval of the use of revenues
This entry was published on 2014-09-22
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SECTION 106
Approval of loans
Public Service (PBS) CHAPTER 48, ARTICLE 6
§ 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.