{"data":{"id":"us-mi/mich.-comp.-laws-460.652","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.652","heading":"Rules.","body":"Sec. 2.\n\nThe Michigan public service commission may prescribe by rule all of the following:\n\nThe circumstances under which a utility may require a guaranty deposit.\n\nThe amount of the guaranty deposit.\n\nThe interest rate payable on the guaranty deposit.\n\nThe method by which the utility will pay interest on the guaranty deposit to the ratepayer.\n\nThe circumstances under which the guaranty deposit must be returned to the ratepayer.","path":["MI Code","Chapter 460","Act Act-347-of-1921"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-652","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"6a2b0567746d92d9fdd6f9f7d91228393e3b95f4e6c04dfcd675725b06e98200","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.651","next":"us-mi/mich.-comp.-laws-460.1301"},"notice":"GroundRules: Original legal text. Not legal advice."}