Depreciation Account

Tex. Utilities Code § 102.152, under Chapter 102.

Tex. Utilities Code § 102.152

Sec. 102.152. DEPRECIATION ACCOUNT. The railroad commission shall require each gas utility or municipally owned utility to carry a proper and adequate depreciation account in accordance with: (1) the rates and methods prescribed by the railroad commission under Section 104.054; and (2) any other rule the railroad commission adopts. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.