Oklahoma § 17-185 - Application - Filing - Examination - Issuance of
Full text of Oklahoma Oklahoma Statutes § 17-185 — Application - Filing - Examination - Issuance of, with citation guidance and answers to common questions.
§ 17-185. Application - Filing - Examination - Issuance of
certificate.
(1) Any public utility desiring to issue securities, or to
create liens to secure evidences of indebtedness, shall file with
the Commission an application verified by its president or vicepresident, (or by the signers of its articles of organization if it
has not yet elected officers), setting forth: (1) The amount and
character of the proposed securities or liens; (2) the general
purposes for which they are to be issued or created, including a
description and statement of the value of any property or services
that are to be received in full or partial payment for the
securities or in a proper case the evidences of indebtedness to be
secured by the lien or liens, and of any property or services
already received by the public utility, the cost of which is to be
reimbursed to the public utility by the proceeds of such securities
or evidences of indebtedness; and (4) a balance sheet of the public
utility as of the most recent available date.
(2) The Commission shall examine all applications filed with it
pursuant to this act, and if the proposed issue of securities or
creation of lien or liens complies with the provisions of this act,
it shall issue to the public utility a certificate of authority
permitting such issue or creation.
Laws 1947, p. 83, § 5.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 17-185
What does Oklahoma Statutes § 17-185 cover?
Section 17-185 ("Application - Filing - Examination - Issuance of") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 17-185?
A common citation format is "Oklahoma Statutes § 17-185" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 17-185 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.