If the commission determines that any privately owned water and/or sewer system within its jurisdiction is unable or unwilling to adequately serve its customers or has been actually or effectively abandoned by its owner, or that its management is grossly inefficient, irresponsible or unresponsive to the needs of its customers, the commission or its designated representative may petition the Chancery Court of the First Judicial District of Hinds County or the chancery court of any county wherein the public utility does business for an order attaching the assets of the privately owned water and/or sewer system and placing such water and/or sewer system under the sole control and responsibility of a receiver. If the court determines that the petition is proper in all respects and finds, after a hearing thereon, the allegations contained in the petition are true, it shall order that the water and/or sewer system be placed in receivership. The court, in its discretion and in consideration of the recommendation of the commission or its designated representative, may appoint a receiver who shall be a responsible individual, partnership, corporation or political subdivision knowledgeable in water or sewer service affairs and who shall maintain control and responsibility for the operation and management of the affairs of such water and/or sewer system. The receiver shall operate the water and/or sewer system so as to preserve the assets of the water and/or sewer system and to serve the best interests of its customers. The receiver shall be compensated from the assets of the water and/or sewer system in an amount to be determined by the court.
Control of and responsibility for the water and/or sewer system shall remain in the receiver until the court determines that it is in the best interests of the customers that the water and/or sewer system be returned to the owner, transferred to another owner or assumed by another water and/or sewer system or public service corporation. If the court, after hearing, determines that control of and responsibility for the affairs of the water and/or sewer system should not be returned to the legal owner thereof, the receiver may proceed to liquidate the assets of such water and/or sewer system in the manner provided by law.
Mississippi laws and Mississippi Rules of Civil Procedure generally applicable to receivership shall govern receiverships created under this section.
This section is in addition to the provisions of Section 77-3-21.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 3 - Regulation of Public Utilities
Article 1 - Certificates of Public Convenience and Necessity; Rates; Service
§ 77-3-1. Application of article to municipal public utilities
§ 77-3-5. Jurisdiction and powers of commission
§ 77-3-9. Attorney for public service commission
§ 77-3-15. Two or more persons holding certificates for similar operations in same municipality
§ 77-3-19. Applicant for certificate must obtain a municipal franchise
§ 77-3-21. Hearing on adequacy of service afforded by certificate holder
§ 77-3-22. Placement of privately owned water and sewer systems in receivership; conditions
§ 77-3-23. Procedure for sale, assignment, lease or transfer of certificate
§ 77-3-27. Commission to investigate violations
§ 77-3-29. Extension of service
§ 77-3-31. Accounts and depreciation reports of utilities
§ 77-3-41. Rates fixed by commission
§ 77-3-42. Rate increase resulting from fuel adjustment clauses or riders; audits of fuel purchases
§ 77-3-45. Promulgation of rules and regulations
§ 77-3-46. Management reviews of public utility companies
§ 77-3-47. Hearings by commission
§ 77-3-49. Issuance of process by commission; witnesses
§ 77-3-51. Depositions by agreement
§ 77-3-53. Certified copies of documents and orders as evidence
§ 77-3-55. Orders, findings, authorizations and certificates to be in writing and entered in minutes
§ 77-3-59. Decisions; compliance with orders
§ 77-3-61. Alteration of orders
§ 77-3-63. Record of proceedings; reporter
§ 77-3-65. Rehearing; stay of order
§ 77-3-71. Appeals to supreme court
§ 77-3-73. Appealed commission matters to take preference in all courts
§ 77-3-75. Enforcement of commission orders
§ 77-3-77. Burden of proof on party seeking to vacate commission order
§ 77-3-79. Reports by utilities; inspection of records; filing deadlines; penalties
§ 77-3-83. Penalties are cumulative
§ 77-3-90. Annual reports of commission
§ 77-3-91. Definitions applicable to §§ 77-3-91 through 77-3-95