6/9/10 N.Y. St. Reg. PSC-23-10-00009-P
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following proposed rule:
Proposed Action:
The Commission is considering a petition by Corning Natural Gas Corporation regarding the applicability of Section 70 of the Public Service Law to certain stock acquisition transactions.
Statutory authority:
Public Service Law, section 70
Subject:
Transfer of franchises or stocks.
Purpose:
Transfer of franchises or stocks.
Substance of proposed rule:
The public Service Commission is considering a petition by Corning Natural Gas Corporation (Company/Corning) regarding the applicability of section 70 of the Public Service Law to certain stock acquisition transactions. The Commission may approve, reject or modify, in whole or in part, the relief requested by Corning.
Text of proposed rule and any required statements and analyses may be obtained by filing a Document Request Form (F-96) located on our website http://www.dps.state.ny.us/f96dir.htm. For questions, contact:
Leann Ayer, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 486-2655, email:
leann_ayer@dps.state.ny.usData, views or arguments may be submitted to:
Jaclyn A. Brilling, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, (518) 474-6530, email:
Secretary@dps.state.ny.usPublic comment will be received until:
45 days after publication of this notice.
Regulatory Impact Statement, Regulatory Flexibility Analysis, Rural Area Flexibility Analysis and Job Impact Statement
Statements and analyses are not submitted with this notice because the proposed rule is within the definition contained in section 102(2)(a)(ii) of the State Administrative Procedure Act.