Article 1.--POWERS OF STATE CORPORATION COMMISSION
66-129a.Gas or electric public utilities; nonregulated privateenterprises, separate accounting, audit.(a) As used in this section:
(1) "Commission" means the state corporation commission.
(2) "Gas or electric public utility" means: (A) Any gas or electric publicutility, as defined by K.S.A. 66-104 and amendments thereto, the rates of whichare regulated by the commission; or (B) any gas or electric cooperative publicutility, as defined by K.S.A 66-104 and amendments thereto.
(3) "Nonregulated private enterprise" means: (A) The business of selling orotherwise providing any gas or electric household appliance; (B) the businessof installing any gas or electric household appliance; or (C) the business ofservicing any gas or electric household appliance under a contract providingformaintenance or repair of such appliance for a period of time specified by thecontract.
(b) Each gas or electric public utility shall maintain, in accordancewith generally accepted accounting principles, a separate accountingsystem for all nonregulated private enterprise engaged in by such utility.The accounting shall include both costs and revenues associated with suchenterprise. Costs to be allocated to such accounting system shall includematerials, labor,insurance,transportation and all other direct and indirect costs of engaging in thenonregulated private enterprise. Costs or revenues required to be allocated tosuchaccounting system shall not be included in any rate, joint rate, toll or chargefor any utility service of the gas or electric utility.
(c) Subject to the provisions of subsection (d), the commission may at anytime examine and audit the books, accounts,papers, records and memoranda kept by a gas or electric public utility in orderto determine compliance with the provisions of subsection (b).
(d) Noaudit shall be conducted pursuant to this section more often than every twoyears, but nothing in this subsection shall be construed to limit the authorityof the commission pursuant to other statute to examine and audit, for anypurpose, the books, accounts, papers, records and memoranda kept by a publicutility.
Article 1.--POWERS OF STATE CORPORATION COMMISSION
66-129a.Gas or electric public utilities; nonregulated privateenterprises, separate accounting, audit.(a) As used in this section:
(1) "Commission" means the state corporation commission.
(2) "Gas or electric public utility" means: (A) Any gas or electric publicutility, as defined by K.S.A. 66-104 and amendments thereto, the rates of whichare regulated by the commission; or (B) any gas or electric cooperative publicutility, as defined by K.S.A 66-104 and amendments thereto.
(3) "Nonregulated private enterprise" means: (A) The business of selling orotherwise providing any gas or electric household appliance; (B) the businessof installing any gas or electric household appliance; or (C) the business ofservicing any gas or electric household appliance under a contract providingformaintenance or repair of such appliance for a period of time specified by thecontract.
(b) Each gas or electric public utility shall maintain, in accordancewith generally accepted accounting principles, a separate accountingsystem for all nonregulated private enterprise engaged in by such utility.The accounting shall include both costs and revenues associated with suchenterprise. Costs to be allocated to such accounting system shall includematerials, labor,insurance,transportation and all other direct and indirect costs of engaging in thenonregulated private enterprise. Costs or revenues required to be allocated tosuchaccounting system shall not be included in any rate, joint rate, toll or chargefor any utility service of the gas or electric utility.
(c) Subject to the provisions of subsection (d), the commission may at anytime examine and audit the books, accounts,papers, records and memoranda kept by a gas or electric public utility in orderto determine compliance with the provisions of subsection (b).
(d) Noaudit shall be conducted pursuant to this section more often than every twoyears, but nothing in this subsection shall be construed to limit the authorityof the commission pursuant to other statute to examine and audit, for anypurpose, the books, accounts, papers, records and memoranda kept by a publicutility.
Article 1.--POWERS OF STATE CORPORATION COMMISSION
66-129a.Gas or electric public utilities; nonregulated privateenterprises, separate accounting, audit.(a) As used in this section:
(1) "Commission" means the state corporation commission.
(2) "Gas or electric public utility" means: (A) Any gas or electric publicutility, as defined by K.S.A. 66-104 and amendments thereto, the rates of whichare regulated by the commission; or (B) any gas or electric cooperative publicutility, as defined by K.S.A 66-104 and amendments thereto.
(3) "Nonregulated private enterprise" means: (A) The business of selling orotherwise providing any gas or electric household appliance; (B) the businessof installing any gas or electric household appliance; or (C) the business ofservicing any gas or electric household appliance under a contract providingformaintenance or repair of such appliance for a period of time specified by thecontract.
(b) Each gas or electric public utility shall maintain, in accordancewith generally accepted accounting principles, a separate accountingsystem for all nonregulated private enterprise engaged in by such utility.The accounting shall include both costs and revenues associated with suchenterprise. Costs to be allocated to such accounting system shall includematerials, labor,insurance,transportation and all other direct and indirect costs of engaging in thenonregulated private enterprise. Costs or revenues required to be allocated tosuchaccounting system shall not be included in any rate, joint rate, toll or chargefor any utility service of the gas or electric utility.
(c) Subject to the provisions of subsection (d), the commission may at anytime examine and audit the books, accounts,papers, records and memoranda kept by a gas or electric public utility in orderto determine compliance with the provisions of subsection (b).
(d) Noaudit shall be conducted pursuant to this section more often than every twoyears, but nothing in this subsection shall be construed to limit the authorityof the commission pursuant to other statute to examine and audit, for anypurpose, the books, accounts, papers, records and memoranda kept by a publicutility.
