For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Application of proceeds of stock.

D.C. Code § 34-505
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
34-505. Application of proceeds of stock. No public utility shall apply the proceeds of any such stock, certificates of stock, bonds, or other evidences of indebtedness to any other purpose or issue the same on any less favorable terms than that specified in the certificate issued by the Commission. (Mar. 4, 1913, 37 Stat. 990, ch. 150, § 8, par. 77.)
Source: Council of the District of Columbia (code.dccouncil.gov)URL: https://code.dccouncil.gov/us/dc/council/code/sections/34-505Fetched: 10/21/2026

Starting a business in District of Columbia? District of Columbia LLC guide: costs and requirements