95 chapters · 3,921 sections in this title.
Ark. Code Ann. § 23-3-101 Organization or reorganization
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(a) Organizations or reorganizations of all public utilities shall be subject to the supervision and control of the Arkansas Public Service Commission or the Arkansas Department of Transportation. (b) (1) No organization or reorganization shall be had or given effect without the …
Ark. Code Ann. § 23-3-102 Consolidations, stock purchases in another utility, or rentals of additional property
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(a) With the consent and approval of the Arkansas Public Service Commission, but not otherwise:(1) Any two (2) or more public utilities may consolidate with each other;(2) Any public utility may acquire the stock or any part thereof of any other public utility;(3) Any public util…
Ark. Code Ann. § 23-3-103 Stocks, bonds, notes, etc., and creation of liens — Regulation by commissions
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(a) (1) The power of public utilities to issue stocks, stock certificates, bonds, notes, and other evidences of indebtedness in case of public utilities incorporated under the laws of this state and to create liens on property in this state in case of public utilities incorporate…
Ark. Code Ann. § 23-3-104 Stocks, bonds, notes, etc. — Issuance
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(a) (1) When authorized by order of the commission, and not otherwise, a public utility may issue stock, bonds, notes, or other evidence of indebtedness payable at periods of more than thirty-six (36) months after the date of issuance when necessary for:(A) The acquisition of pro…