Sec. 102.152. DEPRECIATION ACCOUNT

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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.

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

                    
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