PSC-31-14-00004-P To Transfer 100% of the Issued and Outstanding Stock from Vincent Cross to Bonnie and Michael Cross

8/6/14 N.Y. St. Reg. PSC-31-14-00004-P

NEW YORK STATE REGISTER

VOLUME XXXVI, ISSUE 31

August 06, 2014

RULE MAKING ACTIVITIES

PUBLIC SERVICE COMMISSION

PROPOSED RULE MAKING

NO HEARING(S) SCHEDULED

 

I.D No. PSC-31-14-00004-P

To Transfer 100% of the Issued and Outstanding Stock from Vincent Cross to Bonnie and Michael Cross

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 whether to grant, deny or modify, in whole or in part, a petition by N.E.A. Cross of NY Inc. requesting authority pursuant to Public Service Law section 70 to transfer 100% of the Issued and Outstanding Stock.

Statutory authority:

Public Service Law, sections 2(3), (4), (11) and 70(4)

Subject:

To transfer 100% of the issued and outstanding stock from Vincent Cross to Bonnie and Michael Cross.

Purpose:

To transfer 100% of the issued and outstanding stock from Vincent Cross to Bonnie and Michael Cross.

Substance of proposed rule:

The Public Service Commission is considering the petition by N.E.A. Cross of NY Inc. (N.E.A. Cross) to transfer 100% of the issued and outstanding capital stock of N.E.A. Cross by Vincent Cross to Bonnie Cross and Michael Cross, each of whom would receive 50% of the outstanding shares. The Commission may approve, reject or modify, in whole or in part, the relief requested by N.E.A. Cross and may consider any related matters.

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.ny.gov/f96dir.htm. For questions, contact:

Deborah Swatling, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Data, views or arguments may be submitted to:

Kathleen H. Burgess, Secretary, Public Service Commission, 3 Empire State Plaza, Albany, New York 12223-1350, [phone], email: [e-mail]

Public 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.

(14-G-0221SA1)