GroundRules
Tex. Natural Resources Code § 111.183: BASIS FOR RATE.
Where this section sits in the code
- NATURAL RESOURCES CODE
- TITLE 3. OIL AND GAS
- SUBTITLE D. REGULATION OF SPECIFIC BUSINESSES AND OCCUPATIONS
- CHAPTER 111. COMMON CARRIERS, PUBLIC UTILITIES, AND COMMON PURCHASERS
- SUBCHAPTER F. RATES
The basis of the rates shall be an amount that will provide a fair return on the aggregate value of the property of a common carrier used and useful in the services performed after providing reasonable allowance for depreciation and other factors and for reasonable operating expenses under honest, efficient, and economical management.
Acts 1977, 65th Leg., p. 2588, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
Collected 2026-08-27T01:47:28Z. Source file · JSON