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Michigan Compiled Laws, Chapter 460. Public Utilities § 460.651

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 1. A public utility regulated by the Michigan public service commission may require a ratepayer to pay a deposit as a guaranty for the payment of the utility's services. In the absence of specific rules adopted by the commission, the terms and conditions for a guaranty deposit required by a utility must be approved by the commission.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 460. Public Utilities § 460.651 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-460-public-utilities/mi-comp-laws-460-651/

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