Permit to transact business to be recorded on books of corporation.

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66-134. Permit to transact business to be recorded on books of corporation.
No common carrier or public utility governed by the provisions of this act shall issue any stock, certificates, bonds, notes or other evidences of indebtedness, for money, property or services, either directly or indirectly, nor shall it receive any money, property or services in payment of the same either directly or indirectly until there shall have been recorded upon the books of such corporation the certificate of the commission herein provided for.

History: L. 1911, ch. 238, § 34; May 22; R.S. 1923, 66-134.


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