{"data":{"id":"us-mi/mich.-comp.-laws-460.651","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.651","heading":"Guaranty deposit; approval of terms and conditions.","body":"Sec. 1.\n\nA public utility regulated by the Michigan public service commission may require a ratepayer to pay a deposit as a guaranty for the payment of the utility's services. In the absence of specific rules adopted by the commission, the terms and conditions for a guaranty deposit required by a utility must be approved by the commission.","path":["MI Code","Chapter 460","Act Act-347-of-1921"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-651","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"274562ab0c86a237b0a0b3522e046cea6929ca76b505e90a4b6f1e1ddc4a115b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.631","next":"us-mi/mich.-comp.-laws-460.652"},"notice":"GroundRules: Original legal text. Not legal advice."}