(1) (ge)

196.485 (1) (ge) .

201.01(3)

(3)

 

“Securities” means capital stock and evidences of indebtedness of a public service corporation, but do not include any of the following:

201.01(3)(a)

(a)

Any obligation of a public service corporation which is not a public utility as defined in the federal Power Act, falling due one year or less after its date and bearing date not later than the day of sale.

201.01(3)(b)

(b)

Any evidence of indebtedness of a public service corporation which is a public utility as defined in the federal Power Act, the issuance, renewal or assumption of which is exempt from section 204 (a) of the federal Power Act by the provisions of section 204 (e) thereof.

201.01(3)(c)

(c)

Any obligation issued to the United States of America in connection with loans for rural telecommunications facilities made pursuant to the Rural Electrification Act of 1936, as amended.

201.01(3)(d)

(d)

Any securities issued by a corporation organized under ch. 185 or 193 for the purpose of furnishing telecommunications service in rural areas.

201.01(3)(e)

(e)

Any environmental trust bonds issued pursuant to a financing order of the commission under s.