Ohio Rev. Code § 4909.055

Current with legislation from 2024 received as of August 15, 2024.
Section 4909.055 - Cost of obtaining valuations

Prudent costs of obtaining the three valuations used to determine the market value of the system in an acquisition described in section 4909.052 of the Revised Code shall be deferred as an expense for future recovery in a manner as determined by the public utilities commission. In determining the prudence of costs under this section, the commission shall give due regard to the circumstances of the case, including the size and complexity of, and any particular difficulties associated with, the valuation.

R.C. § 4909.055

Added by 132nd General Assembly, HB 422,§1, eff. 4/5/2019.