PSC-23-13-00003-A Approving Zucker Trust to Acquire More Shares of Corning Up to 15 Percent  

  • 10/9/13 N.Y. St. Reg. PSC-23-13-00003-A
    NEW YORK STATE REGISTER
    VOLUME XXXV, ISSUE 41
    October 09, 2013
    RULE MAKING ACTIVITIES
    PUBLIC SERVICE COMMISSION
    NOTICE OF ADOPTION
     
    I.D No. PSC-23-13-00003-A
    Filing Date. Sept. 19, 2013
    Effective Date. Sept. 19, 2013
    Approving Zucker Trust to Acquire More Shares of Corning Up to 15 Percent
    PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
    Action taken:
    On 9/19/13, the PSC adopted an order approving the joint petition of Corning Natural Gas Corporation (Corning) and the Article 6 Marital Trust (Zucker Trust) of a stock acquisition by the Zucker Trust to increase its ownership stock up to 15 percent.
    Statutory authority:
    Public Service Law, section 70
    Subject:
    Approving Zucker Trust to acquire more shares of Corning up to 15 percent.
    Purpose:
    To approve Zucker Trust to acquire more shares of Corning up to 15 percent.
    Substance of final rule:
    The Commission, on September 19, 2013, adopted an order approving the joint petition of Corning Natural Gas Corporation (Corning) and the Article 6 Marital Trust (Zucker Trust) to allow the Zucker Trust to acquire stock acquisition of Corning up to 15 percent, subject to the terms and conditions set forth in the order.
    Final rule as compared with last published rule:
    No changes.
    Text of rule may be obtained from:
    Deborah Swatling, Public Service Commission, Three Empire State Plaza, Albany, New York 12223, (518) 486-2659, email: deborah.swatling@dps.ny.gov An IRS employer ID no. or social security no. is required from firms or persons to be billed 25 cents per page. Please use tracking number found on last line of notice in requests.
    Assessment of Public Comment
    An assessment of public comment is not submitted with this notice because the rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.
    (13-G-0202SA1)

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