2023 New York Laws › PBS - Public Service › Article 6 - Provisions Affecting Two or More Kinds of the Public Service and the Persons and Corporations Furnishing Such Service › 111 - Additional Information in Annual Reports; Disclosure of Stockholdings.

§ 111. Additional   information   in  annual  reports;  disclosure  of
  stockholdings.   1. Every  annual  report  of  any  utility  corporation
  reporting  under  this  chapter  to  the public service commission shall
  contain, in addition to any other information required to be included by
  or pursuant to law, the following information:
a. It shall state the name and address of, and the  number  of  shares
  held  by  each holder of one per centum or more of the voting capital of
  the reporting corporation, according to its records.
b. Where one per centum or more of the voting  capital  stock  of  the
  reporting  corporation  is  held  by  a  trustee  or  trustees, or other
  intermediate agency, for the beneficial interest of an owner or  owners,
  other  than the holder of record, or where one per centum or more of the
  voting capital stock of the reporting corporation  is  held  by  another
  corporation,  such  annual  report  shall  state,  if the information is
  available from the records of the reporting corporation, the  names  and
  addresses  and  respective  interests of such beneficial owners, and the
  names and addresses of the officers and  directors  of  any  such  other
  corporation and the total number of shares of capital stock thereof held
  by  each,  showing separately the number of shares of the voting capital
  stock, and the names and addresses and respective stockholdings of every
  stockholder of such other corporation holding one per centum or more  of
  its  voting  capital  stock.  Such  report  shall  be  accompanied  by a
  certified copy of each trust agreement or other instrument  under  which
  any voting capital stock of the reporting corporation is held.
2.  Where  the information specified in paragraph "b" of the foregoing
  subdivision  is  not  available  from  the  records  of  the   reporting
  corporation,  any  such  holder, of record, of one per centum or more of
  the voting capital stock of the reporting corporation, if ordered so  to
  do by the commission, shall file with the commission, a sworn statement,
  in  such  form  and to be filed within such time as the commission shall
  prescribe, setting forth whether or not any of such stock held by him or
  it is so held for the  beneficial  ownership  of  any  person,  firm  or
  corporation  other  than the record holder thereof, and, if stated to be
  so  held,  the  names,  addresses  and  respective  interests  of   such
  beneficial owners. If such stockholder is a trustee, he or it also shall
  file  with  such  statement  a  certified copy of the trust agreement or
  other instrument under which such stock is held. A corporation which  is
  the  holder,  of record, of one per centum or more of the voting capital
  stock of  the  reporting  corporation,  if  ordered  so  to  do  by  the
  commission,  and  regardless  of  whether  the  information is or is not
  available or apparently available from  the  records  of  the  reporting
  corporation,  also  shall file with the commission a sworn statement, in
  such form and to be filed within  such  time  as  the  commission  shall
  prescribe,  or shall include in the sworn statement, if any, required to
  be filed by it pursuant  to  other  provisions  of  this  subdivision  a
  statement  setting  forth  the  names  and addresses of its officers and
  directors and the total number of shares of its capital stock,  held  by
  each,  showing  separately  the  number  of shares of the voting capital
  stock, and the names and addresses and respective stockholdings of every
  stockholder thereof holding one per centum or more of its voting capital
  stock.
3. If the annual report, or  the  sworn  statements  provided  for  in
  subdivision  two, do not furnish the information desired, because of any
  chain of successive ownership or of stockholdings,  or  because  of  any
  intermediate   agency   or  agencies,  or  for  any  other  reason,  the
  commission, by order, may require  similar  sworn  statements  from  any
  person  or  corporation who or which can give the necessary information,
  as the commission may have discovered from its  investigations,  to  the

  end  that the commission may obtain a complete disclosure of the natural
  persons, firms or corporations, and their respective interests,  who  or
  which  own  or  control directly or indirectly one per centum or more of
  the voting capital stock of the reporting corporation.