§17-181. Definitions.
162 words·~1 min read·
/ok/title-17-corporation-commission/17-181·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In this act unless the context otherwise requires:
(1)"Public utility" means and embraces every corporation
organized or doing business in this state, (except a
municipal corporation or other political subdivision
of this state), that now owns or hereafter may own,
operate or manage any plant or equipment for the
manufacture, production, transmission, delivery or of
furnishing electric current for light, heat or power
for public use in this state, provided that such term
shall not include entities as described by the
provisions of paragraph 2 of subsection B of Section
151 of this title.
(2)"Commission" means the Corporation Commission of the
State of Oklahoma.
(3)"Securities" means capital stock and evidences of
indebtedness having the standing of negotiable
instruments of a public utility, not including,
however, any such obligation falling due twelve
months or less after its issuance. Added by Laws 1947, p. 82, § 1. Amended by Laws 2024, c. 67, § 3, emerg. eff. April 22, 2024.