15 U.S.C. § 717e

§717e. Ascertainment of cost of property

Edition 2024

U.S.C. Title 15 - COMMERCE AND TRADE
15 U.S.C.

United States Code, 2024 Edition

Title 15 - COMMERCE AND TRADE

CHAPTER 15B - NATURAL GAS

Sec. 717e - Ascertainment of cost of property

From the U.S. Government Publishing Office, www.gpo.gov

§717e. Ascertainment of cost of property

(a) Cost of property
The Commission may investigate and ascertain the actual legitimate cost of the property of every natural-gas company, the depreciation therein, and, when found necessary for rate-making purposes, other facts which bear on the determination of such cost or depreciation and the fair value of such property.

(b) Inventory of property; statements of costs
Every natural-gas company upon request shall file with the Commission an inventory of all or any part of its property and a statement of the original cost thereof, and shall keep the Commission informed regarding the cost of all additions, betterments, extensions, and new construction.

(June 21, 1938, ch. 556, §6, 52 Stat. 824.)

Official source