TITLE 4: ECONOMIC RESOURCES
DIVISION 8: UTILITIES
§ 8413. Valuations. The Commission may cause a valuation to be made to ascertain for any purpose specified in this Chapter the value of the property of any entity and every fact and element of value which in its judgment may have any bearing on such value. The Commission may make reevaluations and ascertain the value of all additions, extensions, and acquisitions of property of any entity. Such valuations shall be in accordance with commercial standards for the particular industry and in accordance with normal and accepted accounting practices. Source: PL 15-35, § 2 (8411), modified.