Legal Opinion
Attorney General v. Michigan Public Service Commission
Michigan Supreme Court
Decided January 27, 1982No. Docket Nos. 67938, 67944, and 67945. (Calendar Nos. 23, 24, and 25)PublishedCited by 19 opinions
(Calendar Nos. 23, 24, and 25).
1Opinion of the CourtLevin, J.
The question presented concerns the scope of inquiry by the Michigan Public Service Commission when a public utility requests authorization to issue securities. We are persuaded, upon examination of the language of this state’s utility securities act, 1 Michigan cases construing the act, cases construing similar statutes in other jurisdictions, and Michigan’s utility regulation scheme, that the scope of inquiry in a securities issue proceeding does not extend to the wisdom of the project which a utility seeks to fund through the issuance of long-term securities.
I
Three cases have been…
2Cases cited13 opinions
- People Ex Rel. New York Edison Co. v. WillcoxNew York Court of Appeals · 1912
- Huron Portland Cement Co. v. Public Service CommissionMichigan Supreme Court · 1958
- People v. County Transportation Co.New York Court of Appeals · 1952
- Indiana & Michigan Power Co. v. Public Service CommissionMichigan Supreme Court · 1979
- Lowell Gas Light Co. v. Department of Public UtilitiesMassachusetts Supreme Judicial Court · 1946
8 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Schneidewind v. ANR Pipeline Co.Supreme Court of the United States · 1988
- Leggett v. Duke Energy Corp.Tennessee Supreme Court · 2010
- Soap & Detergent Ass'n v. Natural Resources CommissionMichigan Supreme Court · 1982
- Union Carbide Corp. v. Public Service CommissionMichigan Supreme Court · 1988
- Iowa-Illinois Gas & Electric Co. v. Iowa State Commerce CommissionSupreme Court of Iowa · 1984
14 more not listed; retrieve them via the Exa API.