Michigan Administrative Code
Department - Licensing and Regulatory Affairs
Public Service Commission
Preservation of Records of Electric, Gas, And Water Utilities
Part 2 - SCHEDULE OF RECORDS AND PERIODS OF RETENTION
Section R. 460.2517 - Title papers, charters, franchises, licenses, formal orders; retention periods
Universal Citation: MI Admin Code R. 460.2517
Current through Vol. 24-04, March 15, 2024
Rule 17. The following documents shall be retained for the periods listed:
| (a) Deeds and other title papers, including abstracts of title and supporting data. | 6 years after property is disposed of, unless surrendered to transferee. |
| (b) Corporate charters or certificates of incorporation. | Life of the corporation. |
| (c) Franchises and certificates authorizing operation as a public utility. | Life of the corporation. |
| (d) Licenses, including amendments thereof, granted by federal or state authorities for construction and operation of utility plant. | 25 years. |
| (e) Copies of formal orders of regulatory commissions served upon the utility. | Life of the corporation. |
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