54-4-23 - Accounts and records of utilities. - Utah Statutes

State Codes and Statutes

Statutes > Utah > Title-54 > Chapter-04 > 54-4-23

54-4-23. Accounts and records of utilities.
The commission shall have power to establish a system of accounts to be kept by publicutilities subject to its jurisdiction, to classify said public utilities and to establish a system ofaccounts for each class and to prescribe the manner in which such accounts shall be kept. It mayalso, in its discretion prescribe the forms of accounts, records and memoranda to be kept by suchpublic utilities, including accounts, records and memoranda of the movement of traffic as well asof the receipts and expenditures of money, and any other forms, records and memoranda which inthe judgment of the commission may be necessary to carry out any of the provisions of this title.The system of accounts established by the commission and the forms of accounts, records andmemoranda prescribed by it shall not be inconsistent, in the case of corporations subject to theprovisions of the Act of Congress entitled, "An Act to Regulate Commerce," approved February4, 1887, and the acts amendatory thereof and supplementary thereto, with the system and formsfrom time to time established for such corporations by the Interstate Commerce Commission; butnothing herein contained shall affect the power of the commission to prescribe forms of accounts,records and memoranda covering information in addition to that required by the InterstateCommerce Commission. The commission may, after hearing had upon its own motion or uponcomplaint, prescribe by order the accounts in which particular outlays and receipts shall beentered, charged or credited. When the commission shall have prescribed the forms of accounts,records or memoranda to be kept by any public utility corporation for any of its business it shallthereafter be unlawful for such public utility to keep any accounts, records or memoranda forsuch business other than those so prescribed or those prescribed by or under the authority of anyother state or of the United States, excepting such accounts, records or other memoranda as shallbe explanatory of and supplemental to the accounts, records or memoranda prescribed by thecommission.

No Change Since 1953

State Codes and Statutes

Statutes > Utah > Title-54 > Chapter-04 > 54-4-23

54-4-23. Accounts and records of utilities.
The commission shall have power to establish a system of accounts to be kept by publicutilities subject to its jurisdiction, to classify said public utilities and to establish a system ofaccounts for each class and to prescribe the manner in which such accounts shall be kept. It mayalso, in its discretion prescribe the forms of accounts, records and memoranda to be kept by suchpublic utilities, including accounts, records and memoranda of the movement of traffic as well asof the receipts and expenditures of money, and any other forms, records and memoranda which inthe judgment of the commission may be necessary to carry out any of the provisions of this title.The system of accounts established by the commission and the forms of accounts, records andmemoranda prescribed by it shall not be inconsistent, in the case of corporations subject to theprovisions of the Act of Congress entitled, "An Act to Regulate Commerce," approved February4, 1887, and the acts amendatory thereof and supplementary thereto, with the system and formsfrom time to time established for such corporations by the Interstate Commerce Commission; butnothing herein contained shall affect the power of the commission to prescribe forms of accounts,records and memoranda covering information in addition to that required by the InterstateCommerce Commission. The commission may, after hearing had upon its own motion or uponcomplaint, prescribe by order the accounts in which particular outlays and receipts shall beentered, charged or credited. When the commission shall have prescribed the forms of accounts,records or memoranda to be kept by any public utility corporation for any of its business it shallthereafter be unlawful for such public utility to keep any accounts, records or memoranda forsuch business other than those so prescribed or those prescribed by or under the authority of anyother state or of the United States, excepting such accounts, records or other memoranda as shallbe explanatory of and supplemental to the accounts, records or memoranda prescribed by thecommission.

No Change Since 1953

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-54 > Chapter-04 > 54-4-23

54-4-23. Accounts and records of utilities.
The commission shall have power to establish a system of accounts to be kept by publicutilities subject to its jurisdiction, to classify said public utilities and to establish a system ofaccounts for each class and to prescribe the manner in which such accounts shall be kept. It mayalso, in its discretion prescribe the forms of accounts, records and memoranda to be kept by suchpublic utilities, including accounts, records and memoranda of the movement of traffic as well asof the receipts and expenditures of money, and any other forms, records and memoranda which inthe judgment of the commission may be necessary to carry out any of the provisions of this title.The system of accounts established by the commission and the forms of accounts, records andmemoranda prescribed by it shall not be inconsistent, in the case of corporations subject to theprovisions of the Act of Congress entitled, "An Act to Regulate Commerce," approved February4, 1887, and the acts amendatory thereof and supplementary thereto, with the system and formsfrom time to time established for such corporations by the Interstate Commerce Commission; butnothing herein contained shall affect the power of the commission to prescribe forms of accounts,records and memoranda covering information in addition to that required by the InterstateCommerce Commission. The commission may, after hearing had upon its own motion or uponcomplaint, prescribe by order the accounts in which particular outlays and receipts shall beentered, charged or credited. When the commission shall have prescribed the forms of accounts,records or memoranda to be kept by any public utility corporation for any of its business it shallthereafter be unlawful for such public utility to keep any accounts, records or memoranda forsuch business other than those so prescribed or those prescribed by or under the authority of anyother state or of the United States, excepting such accounts, records or other memoranda as shallbe explanatory of and supplemental to the accounts, records or memoranda prescribed by thecommission.

No Change Since 1953