Texas Utilities Code 102.153 – Accounts of Profits and Losses
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Utilities Code 102.153
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
A gas utility or municipally owned utility shall keep separate accounts showing profits or losses from the sale or lease of merchandise, including an appliance, a fixture, or equipment.