Section Puc 507.02 - F-4 Petition For Authority To Issue Securities(a) Each utility shall file with the commission and the department a completed Form F-4, available at www.puc.nh.gov, when it seeks authority to issue securities.(b) Each utility shall include with its completed Form F-4 an application for leave to issue securities pursuant to RSA 369:3 that includes the following: (1) A statement in reasonable detail of any proposed additions, construction or working capital requirements together with any proposed construction budget, including: a. Description of authorized and outstanding long term debt and capital stock;b. Description of new securities;c. Description of what proceeds will be used for;d. List of exhibits attached;e. Certification statement as contained in (d) below; andf. Petitioner's prayer asking for the relief requested;(2) Estimated cost of financing including, for example, legal costs, printing, documentary tax, trustee services, financial services;(3) Current balance sheet adjusted for financing with journal entries and explanations for actual, adjustments and as adjusted;(4) Current income statement adjusted for financing including new interest, depreciation, and taxes with entries for actual, adjustments, and as adjusted;(5) Statement of capitalization ratios after giving effect to the proposed financing with entries for actual, adjustments, and as adjusted;(6) Copy of the purchase and sale agreement for long term financing including any letter of commitment from a lender stating details of financing;(7) Copy of the mortgage indenture;(8) Copy of terms of new common or preferred stock; and(9) Resolution of petitioner's stockholders, board of directors or other governing body of petitioner, as appropriate, authorizing the proposed financing.(c) Each utility shall file a Form F-4 petition with an original and 5 copies of the form, petition, and exhibits.(d) Each utility shall provide in connection with a petition for authority to issue securities a certification which provides: "The petitioner utility company believes and, therefore, alleges that the securities to be issued will be consistent with the public good and that it is entitled to issue said securities under RSA 369 for the purposes set forth in its petition."
N.H. Admin. Code § Puc 507.02
(See Revision Note at Chapter heading for Puc 500) #6445, eff 1-28-97; ss by #8259, eff 1-19-05; ss by #10334, eff 5-10-13 (from Puc 507.01 )
Amended by Number 45, Filed November 9, 2023, Proposed by #13794, Effective 10/25/2023, Expires 10/25/2033 (See Revision Note # 1 and Revision Note #2 at chapter heading for Puc 500).