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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>63271</law_id><section_number>56-60</section_number><catch_line>Application for order authorizing issuance of securities or assumption of liabilities</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><referred_to_by><reference>56-61</reference><reference>56-63</reference></referred_to_by><structure><unit label="title" level="1" order_by="1" identifier="56">Public Service Companies</unit><unit label="chapter" level="2" order_by="1" identifier="3">Issuance of Stocks, Bonds, Etc.</unit></structure><text>
						<section><p>An application for an <span class="dictionary">order</span> authorizing the <span class="dictionary">issue</span> of such stocks and stock certificates or other <span class="dictionary">evidences</span> of interest or ownership, and <span class="dictionary">bonds</span>, notes or other <span class="dictionary">evidences</span> of indebtedness for any purpose described in &#xA7;&#xA0;<a class="law" title="Purposes for which stock, etc., may issue" href="/56-58/">56-58</a> or the assumption of the obligations or liabilities of any other <span class="dictionary">person</span>, firm, association or <span class="dictionary">corporation</span> as provided in &#xA7;&#xA0;<a class="law" title="Order required before acting as surety, guarantor, etc" href="/56-59/">56-59</a> shall be made to the <span class="dictionary">Commission</span> stating the amount, character, terms and purposes of the stocks, stock certificates or other <span class="dictionary">evidences</span> of interest or ownership, and <span class="dictionary">bonds</span>, notes and other <span class="dictionary">evidences</span> of indebtedness to be issued or assumed, and stating such other pertinent details as the <span class="dictionary">Commission</span> may require.</p></section></text><history>1934, p. 222; Michie Code 1942, &#xA7; 4073(5).</history><metadata></metadata></law>
