Sec. 5.
All moneys paid into the state treasury by a public utility under this act shall be credited to a special account, to be utilized solely to finance the cost of regulating public utilities.
History: 1972, Act 299, Imd. Eff. Dec. 19, 1972
Structure Michigan Compiled Laws
Chapter 460 - Public Utilities
Act 299 of 1972 - Costs of Regulating Public Utilities (460.111 - 460.120)
Section 460.111 - Definitions.
Section 460.112 - Assessments Against Public Utilities; Amount; Apportionment.
Section 460.113 - Deductions From Assessments.
Section 460.114 - Repealed. 1978, Act 272, Imd. Eff. June 29, 1978.
Section 460.115 - Disposition of Moneys Paid by Public Utilities.
Section 460.115a - Administration of Uniform Video Services Local Franchise Act; Use of Assessments.
Section 460.118 - Exemption of Certain Public Utilities.