reglab/housing_qa huggingface dataset:
AL Code § 37-4-7 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-7 - Application to Issue Securities or Assume Obligations - When Required; Order of Commission.

Section 37-4-7Application to issue securities or assume obligations - When required; order of commission. No utility shall issue any securities, or assume any obligation or liability, as lessor, lessee, guarantor, endorser, surety or otherwise, in respect to the securities of any other person unless and until, and then only to the extent that, upon application by the utility, and after investigation by the commission of the purposes and uses of the proposed issue, and the proceeds thereof, or of the proposed assumption of obligation or liability in respect of the securities of any other person, the commission by order authorizes such issue or assumption. The commission shall make such order only if it finds that such issue or assumption is for some lawful object within the corporate purposes of the utility, is compatible with the public interest, is necessary or appropriate for or consistent with the proper performance by the utility of its service to the public as such utility and will not impair its ability to perform that service and is reasonably necessary and appropriate for such purpose. Any such order of the commission shall specify the purposes for which any such securities or the proceeds thereof may be used by the utility making such application. (Acts 1920, No. 37, p. 38; Code 1923, §9744; Code 1940, T. 48, §309.)
AL Code § 37-4-8 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-8 - Application to Issue Securities or Assume Obligations - Form; Contents; Oath; Signatures; by Whom Filed.

Section 37-4-8Application to issue securities or assume obligations - Form; contents; oath; signatures; by whom filed. Every application for authority for such issue or assumption shall be made in such form and contain such matters as the commission may prescribe. Every such application and every certificate of notification provided for in this article shall be made under oath, signed and filed on behalf of the utility by its president, a vice-president, auditor, comptroller or other executive officer having knowledge of the matters therein set forth and duly designated for that purpose by the utility. (Acts 1920, No. 37, p. 38; Code 1923, §9746; Code 1940, T. 48, §311.)
AL Code § 37-4-9 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-9 - Application to Issue Securities or Assume Obligations - Time for Disposition by Commission.

Section 37-4-9Application to issue securities or assume obligations - Time for disposition by commission. All applications for the issuance of securities or assumption of liability or obligation shall be placed at the head of the commission's docket and disposed of promptly, and all such applications shall be disposed of in 60 days after the same are filed with the commission, unless it is necessary for good cause to continue the same for a longer period for consideration. Whenever such application is continued beyond 60 days after the time it is filed, the order making such continuance must state fully the facts necessitating such continuance. (Acts 1920, No. 37, p. 38; Code 1923, §9747; Code 1940, T. 48, §312.)
AL Code § 37-4-10 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-10 - Application to Issue Securities or Assume Obligations - Grant or Denial; Modifications; Supplemental Orders.

Section 37-4-10Application to issue securities or assume obligations - Grant or denial; modifications; supplemental orders. The commission, by its order, may grant or deny the application provided for in Section 37-4-7 as made, or may grant it in part or deny it in part, or may grant it with such modification and upon such terms and conditions as the commission may deem necessary or appropriate in the premises and may, from time to time, for good cause shown, make such supplemental orders in the premises as it may deem necessary or appropriate and may, by any such supplemental order, modify the provisions of any previous order as to the particular purposes, uses, and extent to which or the conditions under which, any securities so theretofore authorized or the proceeds thereof may be applied; subject always to the requirements of Section 37-4-7. (Acts 1920, No. 37, p. 38; Code 1923, §9745; Code 1940, T. 48, §310.)
AL Code § 37-4-11 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-11 - Sale, Pledge or Other Disposition of Securities.

Section 37-4-11Sale, pledge or other disposition of securities. Whenever any securities set forth and described in any such application for authority or certificate of notification as pledged or held unencumbered in the treasury of the utility shall, subsequent to the filing of such application or certificate, be sold, pledged, repledged or otherwise disposed of by the utility, such utility shall, within 10 days after such sale, pledge, repledge or other disposition, file with the commission a certificate of notification to that effect, setting forth therein all such facts as may be required by the commission. (Acts 1920, No. 37, p. 38; Code 1923, §9748; Code 1940, T. 48, §313.)
AL Code § 37-4-12 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-12 - Guarantee or Obligation on Part of State Not to Be Implied.

Section 37-4-12Guarantee or obligation on part of state not to be implied. Nothing in this article shall be construed to imply any guarantee or obligation as to such securities on the part of the State of Alabama. (Acts 1920, No. 37, p. 38; Code 1923, §9749; Code 1940, T. 48, §314.)
AL Code § 37-4-13 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-13 - Provisions of Article Not Applicable to Certain Notes.

Section 37-4-13Provisions of article not applicable to certain notes. The provisions of Sections 37-4-7 through 37-4-12 shall not apply to notes issued by a utility for the proper purposes and not in violation of law, payable at a period of not more than two years from the date thereof, and aggregating (together with all other outstanding notes of a maturity of two years or less) not more than five percent of the tangible fixed capital as defined in the accounting classification as prescribed by the commission, and shall not apply to like notes issued by a utility, payable at a period of not more than two years from the date thereof, to pay, retire, discharge or refund, in whole or in part, any such note or notes, and shall not apply to renewals thereof from time to time, not exceeding in the aggregate six years from the date of the issue of the original note or notes so renewed or refunded. No such notes payable at a period of not more than two years from the date thereof shall, however, in whole or in part, directly or indirectly, be paid, retired, discharged or refunded by any issue of securities of another kind of any term or character, or from the proceeds thereof without the approval of the commission. Within 10 days after the making of any such notes, so payable at periods of not more than two years from the date thereof, the utility issuing the same shall file with the commission a certificate of notification, in such form as may from time to time be determined and prescribed by the commission, setting forth as nearly as may be the same matters as those required in respect of application for authority to issue other securities. (Acts 1920, No. 37, p. 38; Code 1923, §§9750, 9751; Acts 1932, Ex. Sess., No. 232, p. 233; Code 1940, T. 48, §§315, 316.)
AL Code § 37-4-14 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-14 - Receiver's Certificate or Debentures.

Section 37-4-14Receiver's certificate or debentures. Nothing contained in this chapter shall limit the power of any court having jurisdiction to authorize or cause a receiver's certificate or debentures to be issued according to the rules and practice obtaining in receivership proceedings. (Acts 1920, No. 37, p. 38; Code 1923, §9751; Code 1940, T. 48, §316.)
AL Code § 37-4-15 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-15 - Reports by Utility.

Section 37-4-15Reports by utility. The commission shall require periodical or special reports from each utility hereafter issuing any security, including such notes payable at periods of not more than two years from the date thereof, which shall show, in such detail as the commission may require, the disposition made of such securities and the application of the proceeds thereof. (Acts 1920, No. 37, p. 38; Code 1923, §9752; Code 1940, T. 48, §317.)
AL Code § 37-4-16 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-16 - Validity of Securities Issued Without Authorization; Penalty for Violation.

Section 37-4-16Validity of securities issued without authorization; penalty for violation. Securities issued and obligations and liabilities assumed by a utility, for which under the provisions of this chapter the authorization of the commission is required, shall not be invalidated because issued or assumed without such authorization therefor having first been obtained, or because issued or assumed contrary to any term or condition of such order of authorization as modified by any order supplemental thereto entered prior to such issuance or assumption. Securities issued or obligations or liabilities assumed in accordance with all the terms and conditions of the order of authorization therefor shall not be affected by a failure to comply with any provision of this chapter or rule or regulation of the commission relating to procedure and other matters preceding the entry of such order of authorization or order supplemental thereto. A copy of any order made and entered by the commission as in this chapter provided (duly certified by a commissioner or by the secretary of the commission) approving the issuance of any securities or the assumption of any obligation or liability by a utility, shall, in and of itself, be sufficient evidence, for all purposes, of full and complete compliance by the applicant for such approval with all procedural and other matters required precedent to the entry of such order. Any utility or officer, agent or employee thereof, acting within the scope of his official duties of employment, who willfully issues any such securities, or assumes any such obligation or liability, or makes any sale or other disposition of securities, or applies any securities or the proceeds thereof to purposes, other than the purposes specified in an order of the commission with respect thereto, contrary to the provisions of this chapter, shall be liable to a penalty of not more than $10,000.00, but the utility is only required to specify in general terms the purpose for which any securities are to be issued, or for which any obligation or liability is to be assumed, and the order of the commission with respect thereto shall likewise be in general terms. (Acts 1920, No. 37, p. 38; Code 1923, §9753; Acts 1932, Ex. Sess., No. 232, p. 233; Code 1940, T. 48, §318.)
AL Code § 37-4-17 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-17 - Valuation of Utility Property - When Made; Assistants and Examiners; Factors Considered.

Section 37-4-17Valuation of utility property - When made; assistants and examiners; factors considered. The commission may, upon its own motion, at any time, and upon reasonable notice to any utility, when the commission deems it necessary to ascertain the value of the property of such utility, proceed to investigate, ascertain and report the value thereof, and shall make such investigation, ascertainment and report upon the request and application of any utility. To enable the commission to make such investigation and report, if upon its own motion, it may employ such experts and other assistants as it may deem necessary. If such investigation and report is made upon the application of a utility, the same shall be made and the experts and assistants employed by the commission for that purpose shall be employed at the expense of the utility making such application. The commission may appoint examiners who shall have the power to administer oaths, examine witnesses and take testimony in connection with any such investigation. In arriving at a valuation of the property of any utility as provided in this section, the commission shall give due consideration to the history and development of the utility and its property, original cost, cost of reproduction as a going concern and other elements of value recognized by the laws of the land for rate-making purposes. For the purpose of making such investigation, the members of the commission and its duly authorized agents and employees shall at all reasonable times have free access to the property, accounts, records and memoranda of the utility whose property and rights are being valued, and such utility shall aid and cooperate with the commission and its duly authorized agents and employees to the fullest degree for the purpose of facilitating such investigation. Upon the completion of the valuation of any utility, as provided in this article, the commission shall thereafter keep itself informed of all extensions and improvements or other changes in the condition and values of the property of such utility, and shall ascertain the value thereof, and shall from time to time revise and correct its valuation to the extent that may be necessary by reason of such extension and improvements or other changes in the physical condition and resulting value of such property; and to this end every utility shall make such report and furnish such information as the commission may require. (Acts 1920, No. 37, p. 38; Code 1923, §9757; Code 1940, T. 48, §319.)
AL Code § 37-4-18 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-18 - Valuation of Utility Property - Notice; Filing of Protest; Finality.

Section 37-4-18Valuation of utility property - Notice; filing of protest; finality. Whenever the commission shall have completed its valuation and report of the property of any utility, as provided in this article, and before such valuation shall become final, the commission shall give notice to such utility and to every municipality in the state where such utility renders service, as shown by the records of the commission, stating the valuation placed upon the property valued, and shall allow 90 days in which such utility, or any person who uses the service of such utility, or any municipality in which such utility operates, may file a protest of the same with the commission. If no protest is filed within 90 days, the valuation fixed by such report shall become final, as of the date thereof. (Acts 1920, No. 37, p. 38; Acts 1923, No. 82, p. 62; Code 1923, §9758; Code 1940, T. 48, §320.)
AL Code § 37-4-19 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-19 - Valuation of Utility Property - Hearing Upon Protest; Corrections; Final Order.

Section 37-4-19Valuation of utility property - Hearing upon protest; corrections; final order. If notice of protest is filed, the commission shall fix a time for hearing the same and shall proceed as promptly as possible to hear and consider any matter relative and material thereto which may be presented in support of any such protest so filed. If, after hearing any such protest, the commission shall be of the opinion that its valuation should not be made final, it shall make such changes as may be necessary to do justice, and shall issue an order making such valuation as corrected final as of the date thereof, which order shall be a final order of the commission. If, after hearing any such protest, the commission shall be of the opinion that its valuation should be made final, it shall issue an order making such valuation final as of the date thereof, which order shall likewise be a final order of the commission. Any such final order and the commission's report of valuation upon which the same is based shall be a permanent public record of the commission, and shall be kept on file at its office. If no protest is filed as provided in Section 37-4-18 and such report of valuation by the commission becomes final as therein provided, then the valuation fixed in such report shall for all future rate-making purposes be the permanent basic valuation of the property of such utility unless there be a revaluation of the property of such utility as is provided in this article. If such protest is filed and after hearing thereof and order thereon, no appeal be taken to the Circuit Court of Montgomery County, then the valuation fixed by such final order thereon shall for all future rate-making purposes be the permanent basic valuation of the property of such utility unless there is a revaluation of the property of such utility as is provided in this article. (Acts 1920, No. 37, p. 38; Code 1923, §9759; Code 1940, T. 48, §321.)
AL Code § 37-4-21 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-21 - Valuation of Utility Property - Appeals.

Section 37-4-21Valuation of utility property - Appeals. When any order of valuation or of revaluation of the commission has become a final order, an appeal may be taken therefrom by the utility or by any person, as defined in this article, who is a party to the cause before the commission, to the Circuit Court of Montgomery County, Alabama, within 30 days from the date of such final order, and upon the hearing of such appeal that court shall have the right to affirm the order of the commission, or reverse the same and remand the case to the commission for further consideration. From any such judgment of the circuit court, an appeal shall lie to the Supreme Court of Alabama, which court shall have the right to affirm the judgment of the circuit court, or to reverse the same and remand the case to the commission for further consideration. If the case should be reversed and remanded to said commission by either the circuit or the supreme court, the commission shall proceed to a consideration thereof in accordance with the mandate of said court and the law as applicable thereto. (Acts 1920, No. 37, p. 38; Code 1923, §9762; Code 1940, T. 48, §324.)
AL Code § 37-4-22 (2021)
2021 Code of Alabama|Title 37 - Public Utilities and Public Transportation.|Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.|Article 1 - Rate and Other Regulations.|Section 37-4-22 - Contract Rates.

Section 37-4-22Contract rates. (a) Rates and service regulations may be established by contract between a municipality and utility for a specified term, not exceeding 30 years, but only by and with the approval of the commission to be expressed by its order. Utilities may contract with each other and with persons who are not utilities in respect of the use of their properties and facilities, the sale or exchange of water, gas, electricity or other products or commodities, otherwise than pursuant to established rates, the distribution to the public of such products and commodities jointly or singly, and the territory within which such joint or single service shall be rendered and other matters deemed to be of mutual advantage, subject, however, in all such cases, to the approval of the commission; but no person shall participate in such distribution who is not a utility. (b) Whenever any such contract shall be made, it shall, before becoming effective, be submitted to the commission. If the commission shall find the provisions of any such contract consistent with the public interest, it shall approve the same. Otherwise, it shall disapprove the same, and unless and until so approved, such contract shall be of no effect; but if it is approved, it shall in all respects be lawful. Whenever a utility provides for itself by contract, as above provided, a source of supply of any product or commodity which it would otherwise be under the duty to generate or manufacture, it shall, to such extent as the commission may order, be excused from the construction or maintenance of plant, facilities and equipment necessary for such generation or manufacture. (Acts 1920, No. 37, p. 38; Code 1923, §§9763, 9764; Code 1940, T. 48, §§325, 326.)