(220 ILCS 5/6-101)
(from Ch. 111 2/3, par. 6-101)
The power of public utilities to issue stocks, stock
certificates, bonds, notes and other evidences of indebtedness and to create
liens on their property is a special privilege, the right of supervision,
regulation, restriction and control of which is and shall continue to be
vested in the State, and such power shall be exercised by the Commission
hereby created according to the provisions of this Act and under such rules
and regulations as the Commission may prescribe.
The Commission shall provide, by serial number or other device to be
placed on the face thereof, for the proper and easy identification of such
stocks, stock certificates, bonds, notes and other evidences of indebtedness
as may be issued by public utilities under the provisions of this article.
(Source: P.A. 84-617.)