6/5/13 N.Y. St. Reg. PSC-17-12-00012-A
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
On 5/16/13, the PSC adopted an order approving a joint proposal authorizing Corning Natural Gas Corporation to reorganize its current and prospective businesses into a holding company structure with modifications and conditions.
Statutory authority:
Public Service Law, sections 70, 107, 108 and 110
Subject:
Authorization to form a holding company and for approval of certain related transactions.
Purpose:
To authorize forming a holding company and for approval of certain related transactions.
Substance of final rule:
The Commission, on May 16, 2013, adopted an order approving the terms and conditions of a joint proposal by Corning Natural Gas Corporation and Staff of the Department of Public Service approving the formation of a holding company and certain related transactions, 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.
