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OAG 77-477 is referenced to support the discussion on the nature of the relationship between a utility and its customers when handling deposits. This opinion is used to affirm the understanding that the relationship is that of debtor and creditor, not a trust, and that the utility is not required to pay annual interest unless requested by the depositor.
Our AG treatments are described and categorized by large language models (AI) and are partially reviewed by Coalition directors. Learn more from our blog.
Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
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