public service corporation

A corporation whose operations serve a need of the general public, such as public transportation, communications, gas, water, or electricity.

• This type of corporation is usu. subject to extensive governmental regulation. [Cases: Public Utilities 103. C.J.S. Public Utilities §§ 3–4, 6, 11.]

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词条贡献者

法律翻译Bryan，毕业于新加坡知名法学院，专注翻译各类与私募股权有关的法律文件。