2006 Minnesota Statutes

237.22 DEPRECIATION; AMORTIZATION.
(a) For purposes of a proceeding to determine or investigate any wholesale or retail rate, or
to set any universal service support level, the commission may fix proper and adequate rates and
methods of depreciation and amortization with respect to a telephone company's property.
(b) All telephone companies shall retain data in sufficient detail for the purpose of
determining depreciation accruals and reserves by depreciable telephone plant account.
Depreciable plant accounts are those specified by the Federal Communications Commission for
the class to which a telephone company belongs. All telephone companies shall maintain, and
have available for inspection by the commission upon request, adequate accounts and records
related to depreciation practices as defined herein.
History: (5305) 1915 c 152 s 19; 1971 c 25 s 67; 1977 c 364 s 10; 1980 c 614 s 123; 1987 c
340 s 24; 2000 c 436 s 2