South Carolina § 58-27-1540 System of accounts.

South Carolina Statutes

§ 58-27-1540 — System of accounts.

South Carolina § 58-27-1540

Title 58PUBLIC UTILITIES, SERVICES AND CARRIERS

Ch. 27ELECTRIC UTILITIES AND ELECTRIC COOPERATIVES

This text of South Carolina § 58-27-1540 (System of accounts.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 58-27-1540 (2026).

Text

The Office of Regulatory Staff may, subject to the approval of the commission, establish a system of accounts to be kept by electrical utilities subject to its jurisdiction and may prescribe the manner in which the accounts must be kept. Every electrical utility must keep its books, papers, and records accurately and faithfully according to the system of accounts and all regulations and directions in relation thereto prescribed by the Office of Regulatory Staff.

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The Office of Regulatory Staff may, subject to the approval of the commission, establish a system of accounts to be kept by electrical utilities subject to its jurisdiction and may prescribe the manner in which the accounts must be kept. Every electrical utility must keep its books, papers, and records accurately and faithfully according to the system of accounts and all regulations and directions in relation thereto prescribed by the Office of Regulatory Staff.

Legislative History

HISTORY: 1962 Code SECTION 24-94; 1952 Code SECTION 24-94; 1942 Code SECTION 8555-2; 1932 (37) 1497; 1934 (38) 1452; 1935 (39) 207; 1937 (40) 493; 2006 Act No. 318, SECTION 193, eff May 24, 2006.