§717g Accounts; Records; Memoranda

Summary

Natural-gas companies must keep and keep for a set time all accounts, cost records, letters, notes, papers, books, and other records the Commission says are needed for it to do its job. State record rules still apply. The Commission can set account rules for different kinds of companies. After giving notice and holding a hearing, the Commission can decide where particular costs or receipts must be recorded. The person who made or approved any questioned entry must prove it is correct. The Commission can hold off on a charge or credit until it gets good proof. The Commission can inspect any company’s accounts and records at any time. Companies must give requested information, copies (like maps, contracts, or engineers’ reports), and let Commission agents see their property and records. Commission staff must keep what they learn private unless the Commission or a court says otherwise. The books of anyone who controls a gas company, and of other companies they control, can also be examined when those books relate to the gas company.