2016 Ohio Revised Code
Title [49] XLIX PUBLIC UTILITIES
Chapter 4909 - PUBLIC UTILITIES COMMISSION - FIXATION OF RATES
Section 4909.07 - Revision and correction of valuations.
The public utilities commission, during the making of the valuation provided for in sections 4909.04 to 4909.13 of the Revised Code, and after its completion, shall in like manner keep itself informed through its engineers, experts, and other assistants of all extensions, improvements, or other changes in the condition and value of the property of all public utilities or railroads and shall ascertain the value of such extensions, improvements, and changes. The commission shall, as is required for the proper regulation of such public utilities or railroads, revise and correct its valuations of property, showing such revisions and corrections as a whole and as to each county. Such revisions and corrections shall be filed in the same manner as original reports.
"Valuation" and "value," as used in this section, may include, with respect to a natural gas, water-works, or sewage disposal system company, projected valuation and value as of the date certain, if applicable because of a future date certain under section 4909.15 of the Revised Code.
Amended by 129th General AssemblyFile No.199, HB 379, §1, eff. 3/27/2013.
Amended by 129th General AssemblyFile No.20, HB 95, §1, eff. 9/9/2011.
Effective Date: 10-01-1953
Disclaimer: These codes may not be the most recent version. Ohio may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
