56-75 - Fees in connection with applications for authority to issue securities.
§ 56-75. Fees in connection with applications for authority to issuesecurities.
Upon the filing of an application for the approval of any issue of securitiesor the making of any loan under the provisions of this chapter, a filing feein the amount of $25 shall be paid, and upon the approval or validation ofany such issue of securities or upon the approval or validation of the makingof any such loan, and as a condition precedent to the entry of the order ofapproval or validation, there shall be paid an additional fee equal to onetenth of one percent of the proposed selling price of the securities and theamount of the loan, subject to credit by the amount of such filing fee, andlimited, as to any one issue of securities, whether issued at once or fromtime to time, and as to any one loan to the amount of $250.
A public service company may seek approval in one application of more thanone issue of securities and more than one loan. In that event, the filing feeshall be twenty-five dollars, and the additional fees shall be computed as ifall the issues and loans were one issue or one loan.
A public service company that has paid filing fees and additional feesaggregating $250 on account of the approval of loans from the United Statesmay apply for the approval of further loans from the United States on paymentof a filing fee and without payment of additional fees.
A filing fee shall in no case be returnable, but additional fees paid inadvance of approval shall be returned, in whole or in part, should theapplication be withdrawn or modified or disapproved in whole or in part.
(1934, p. 226; Michie Code 1942, § 4073(16); 1956, c. 429.)