Oklahoma § 17-181 - Definitions

§ 17-181. Definitions

In this act unless the context otherwise requires:

(1) "Public utility" means and embraces every corporation

organized or doing business in this state, (except a

municipal corporation or other political subdivision

of this state), that now owns or hereafter may own,

operate or manage any plant or equipment for the

manufacture, production, transmission, delivery or of

furnishing electric current for light, heat or power

for public use in this state, provided that such term

shall not include entities as described by the

provisions of paragraph 2 of subsection B of Section

151 of this title.

(2) "Commission" means the Corporation Commission of the

State of Oklahoma.

(3) "Securities" means capital stock and evidences of

indebtedness having the standing of negotiable

instruments of a public utility, not including,

Oklahoma Statutes - Title 17. Corporation Commission

however, any such obligation falling due twelve (12)

months or less after its issuance.

Added by Laws 1947, p. 82, § 1. Amended by Laws 2024, c. 67, § 3,

emerg. eff. April 22, 2024.