2015 US Code
Title 15 - Commerce and Trade (Sections 1 - 8405)
Chapter 15B - Natural Gas (Sections 717 - 717z)
Sec. 717e - Ascertainment of cost of property

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Publication TitleUnited States Code, 2012 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 15B - NATURAL GAS
Sec. 717e - Ascertainment of cost of property
Containssection 717e
Date2015
Laws In Effect As Of DateJanuary 3, 2016
Positive LawNo
Dispositionstandard
Source CreditJune 21, 1938, ch. 556, §6, 52 Stat. 824.
Statutes at Large Reference52 Stat. 824

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15 U.S.C. § 717e (2015)

§717e. Ascertainment of cost of property

(a) Cost of property

The Commission may investigate and ascertain the actual legitimate cost of the property of every natural-gas company, the depreciation therein, and, when found necessary for rate-making purposes, other facts which bear on the determination of such cost or depreciation and the fair value of such property.

(b) Inventory of property; statements of costs

Every natural-gas company upon request shall file with the Commission an inventory of all or any part of its property and a statement of the original cost thereof, and shall keep the Commission informed regarding the cost of all additions, betterments, extensions, and new construction.

(June 21, 1938, ch. 556, §6, 52 Stat. 824.)

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