Section 42.05.451. System of accounts and reports.

   (a) The commission may classify the public utilities under its jurisdiction and prescribe a uniform system of accounts for each class and the manner in which the accounts and supporting records shall be kept.
   (b) A public utility shall maintain its accounts on a calendar year basis unless specifically authorized by the commission to maintain its accounts on a fiscal year basis. Within 90 days after the close of its authorized annual accounting period, or additional time granted upon a showing of good cause, a public utility shall file with the commission a verified annual report of its operations during the period reported, on forms prescribed by the commission.

Notes

Implemented As

3 AAC 48.100
3 AAC 48.277
3 AAC 48.500
3 AAC 52.724
3 AAC 53.840

References

3 AAC 47.060
3 AAC 52.330
3 AAC 52.490
3 AAC 52.660
3 AAC 53.070
3 AAC 53.080

History

(Sec. 6 ch 113 SLA 1970)