Sec. 32.102. DEPRECIATION ACCOUNT    


Latest version.
  • The commission shall require each electric or municipally owned utility to carry a proper and adequate depreciation account in accordance with:

    (1) the rates and methods prescribed by the commission under Section 36.056; and

    (2) any other rule the commission adopts.

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.