Michigan Administrative Code
Department - Licensing and Regulatory Affairs
Public Service Commission
Telecommunications License Transfer Procedures
Section R. 484.601 - Transfer of Bankrupt Provider's License
Current through Vol. 24-16, September 15, 2024
Rule 1.
(1) Any licensed provider that files for bankruptcy protection shall notify the commission within 10 days of such filing, and shall provide the commission with a copy of any application filed with the bankruptcy court requesting transfer of the bankrupt provider's license.
(2) If the bankruptcy court orders that the bankrupt provider's license be transferred to another provider licensed in the State of Michigan, and the transferred license will not result in the expansion of the territory covered by the license recipient, the bankrupt provider and the license recipient shall so notify the commission within 10 days of the issuance of the order. The transfer shall be effective upon filing of the notice. The license recipient shall comply with all applicable state and federal customer notification and tariff requirements.
(3) If the bankruptcy court orders that the bankrupt provider's license be transferred to another provider licensed in the State of Michigan, and the transferred license will result in the expansion of the territory covered by the license recipient, then the following shall apply:
(4) If the bankruptcy court orders that the bankrupt provider's license be transferred to a provider that is not licensed in the State of Michigan, then the following shall apply: