18 CFR Part 20 — Authorization of the Issuance of Securities by Licensees and Companies Subject to Sections 19 and 20 of the Federal Power Act

PART 20—AUTHORIZATION OF THE ISSUANCE OF SECURITIES BY LICENSEES AND COMPANIES SUBJECT TO SECTIONS 19 AND 20 OF THE FEDERAL POWER ACT Authority: Secs. 3(16), 19, 20, 41 Stat. 1063, 1073; secs. 201, 309, 49 Stat. 838, 858; 16 U.S.C. 796 (16), 812, 813, 825k. Source: Order 170, 19 FR 2013, Apr. 8, 1954, unless otherwise noted. § 20.1 Applicability. (a) Without special proceeding for regulation. (b) Reservation of possibility of regulation in other cases. § 20.2 Regulation of issuance of securities. The licensee or other person issuing or proposing to issue any security subjected to this section by or pursuant to § 20.1, shall be subject to and shall comply with the same requirements as the Commission would administer to it if it were a public utility issuing the security within the meaning and subject to the requirements of section 204 of the Act and part 34 of this subchapter. Cross Reference: For applications for authorization of the issuance of securities or the assumption of liabilities, see part 34 of this chapter.

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