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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 4909.055 | Cost of obtaining valuations.

Ohio Revised Code
/
Title 49 Public Utilities
/
Chapter 4909 Public Utilities Commission - Fixation Of Rates
 
Effective:
April 5, 2019
Latest Legislation:
House Bill 422 - 132nd General Assembly
PDF:
Download Authenticated PDF
 

Prudent costs of obtaining the three valuations used to determine the market value of the system in an acquisition described in section 4909.052 of the Revised Code shall be deferred as an expense for future recovery in a manner as determined by the public utilities commission. In determining the prudence of costs under this section, the commission shall give due regard to the circumstances of the case, including the size and complexity of, and any particular difficulties associated with, the valuation.

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