§ 1342. Rate orders of State agencies
§ 1342.
Rate orders of State agencies
The district courts shall not enjoin, suspend or restrain the operation of, or compliance with, any order affecting rates chargeable by a public utility and made by a State administrative agency or a rate-making body of a State political subdivision, where:
(1)
Jurisdiction is based solely on diversity of citizenship or repugnance of the order to the Federal Constitution; and,
(2)
The order does not interfere with interstate commerce; and,
(3)
The order has been made after reasonable notice and hearing; and,
(4)
A plain, speedy and efficient remedy may be had in the courts of such State.