If the commission shall find that the corporation may reasonably be expected to make changes in its service, which will render such service reasonably adequate, and shall specify such reasonable changes, and shall fix a time within which changes may be made, then the order of the commission shall be to such extent. If such changes are not made within the time fixed by the commission, the commission shall have authority to forfeit the charter of such corporation, upon five (5) days notice, and a hearing accorded upon the forfeiture. If the commission shall find that the corporation cannot reasonably be expected to make the necessary changes in its service which will render such service reasonably adequate, for reasons stated in the order, then the commission shall have the authority at such time to enter an order forfeiting the corporate charter of such corporation.
Structure Mississippi Code
Title 77 - Public Utilities and Carriers
Chapter 3 - Regulation of Public Utilities
Article 7 - Determination of Adequacy of Service by Telegraph and Telephone Companies
§ 77-3-401. Determination of adequacy of service initiated by petition of attorney general
§ 77-3-403. Notice to corporation to appear before commission
§ 77-3-405. Distinct findings of fact to be made by commission
§ 77-3-407. Issuance of order requiring changes in service
§ 77-3-409. Removal of proceedings to circuit court
§ 77-3-411. Forfeiture of charter for failure to make changes
§ 77-3-413. Certiorari to circuit court
§ 77-3-415. Appeal from judgment of circuit court
§ 77-3-417. Effect of receivership proceedings
§ 77-3-419. Liquidation of business
§ 77-3-425. Continuation of service in event of sale of business