Sec. 8. The commission may exempt a public utility from this act, if, after notice and hearing, it determines that gross revenues derived from intrastate operations is not a fair or equitable basis for assessing the costs of regulating that public utility and prescribes a fair and equitable manner for assessing such costs of regulation.
Mich. Comp. Laws § 460.118
Exemption of certain public utilities
Applied in 1 court decision — leading case 227 Mich. App. 196 - LCI International Telecommunications Corp. v. Department of Commerce (1998)
Most recently applied in 227 Mich. App. 196 - LCI International Telecommunications Corp. v. Department of Commerce (March 1998)
1972, Act 299, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.