§ 366.2

366:2 Sale of Securities to or by Employees. – No public utility shall, without the approval of the department of energy, permit any employee to sell, offer for sale, or solicit the purchase of any security issued by an affiliate during such hours as such employee is engaged to perform any duty of such public utility; nor shall any public utility by any means or device whatsoever require any employee to purchase or contract to purchase any of its securities or those of any other person or corporation; nor shall any public utility require any employee to permit the deduction from his wages or salary of any sum as a payment or to be applied as a payment on any purchase or contract to purchase any security of such public utility or of any other person. Source. 1933, 182:1. RL 305:1. 2021, 91:254, eff. July 1, 2021.