ATTORNEY GENERAL
v.
MICHIGAN PUBLIC SERVICE COMMISSION
Supreme Court of Michigan.https://leagle.com/images/logo.png
Argued October 15, 1981.
Decided January 27, 1982.
Attorney(s) appearing for the Case
Frank J. Kelley, Attorney General, Robert A. Derengoski, Solicitor General, and Hugh B. Anderson, Roderick S. Coy and Patrick J. Devlin, Assistants Attorney General, and Deborah K. Canja for plaintiffs Attorney General and Michigan Citizens Lobby.
Arthur E. D'Hondt and Leo H. Friedman, Assistants Attorney General, for defendant Michigan Public Service Commission.
Lawrence B. Lindemer, Allen B. Bass, and Paula H. Mills, and Loomis, Ewert, Ederer, Parsley, Davis & Gotting (by George W. Loomis, William D. Parsley and Michael G. Oliva) for defendant Consumers Power Company.
Foster, Swift, Collins & Coey, P.C. (by Theodore W. Swift, David W. McKeague and Charles E. Barbieri), and Leon S. Cohan and Thomas A. Hughes for defendant The Detroit Edison Company.
Amici Curiae:
Conner, Harbour & Dew (by Pat D. Conner) and Thomas Cresswett for The Dow Chemical Company.
Max Dean for Fusion Energy Foundation.
Donald J. Prebenda and Paul Jacobs for Michigan State and Greater Detroit Building and Construction Trades Councils, AFL-CIO.
Supreme Court of Michigan.
LEVIN, J.
The question presented concerns the scope of inquiry by the Michigan Public Service Commission when a public utility requests authorization to issue securities. We are persuaded, upon examination of the language of this state's utility securities act,1 Michigan cases construing the act, cases construing similar statutes in other jurisdictions, and Michigan's utility regulation scheme, that the scope of inquiry in a securities...
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