Standardized system of accounts.

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The Office of Regulatory Staff may, in its discretion, subject to approval of the commission:

(a) establish a standardized system of accounts to be kept by the public utilities subject to its jurisdiction;

(b) classify such public utilities and establish a standardized system of accounts for each class; and

(c) prescribe the manner in which such accounts shall be kept.

HISTORY: 1962 Code Section 58-112; 1952 Code Section 58-112; 1942 Code Section 8210; 1932 Code Section 8253; Civ. C. '22 Section 1046; Civ. C. '12 Section 923; 1910 (26) 564; 1922 (32) 938; 1935 (39) 25; 2006 Act No. 318, Section 8, eff May 24, 2006.


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