Texas Utilities Code 102.152 – Depreciation Account
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Terms Used In Texas Utilities Code 102.152
- Rule: includes regulation. See Texas Government Code 311.005
The railroad commission shall require each gas utility or municipally owned utility to carry a proper and adequate depreciation account in accordance with:
(1) the rates and methods prescribed by the railroad commission under Section 104.054; and
(2) any other rule the railroad commission adopts.