N.Y. Pub. Serv. Law § 106
Current through 2024 NY Law Chapters 1-59 and 61-117
Except with the consent and approval of the public service commission first had and obtained, no public utility shall loan moneys, stocks, bonds, notes or other evidences of indebtedness, to any corporation, company, association, partnership or individual, owning or holding, directly or indirectly, any stock of said public utility.
N.Y. Pub. Serv. Law § 106