Washington State

Office of the Attorney General

Attorney General

Bob Ferguson

AGO 1950 NO. 272 >

1. Conditional sales contracts need not be submitted to the public service commission for approval.  They are not included in the term "other evidence of indebtedness" as used in our law pertaining to securities.2. The Washington Public Service Commission has no jurisdiction to regulate the payment of dividends on common stock by common carriers engaged in both intrastate and interstate business.