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Iowa Code § 478.8

Valuation of franchise

Iowa · Iowa Code Chapter 478 — Electric Transmission Lines · Status: effective

Business & Commerce
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Iowa Code § 478.8, Valuation of franchise, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2254476
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No financial consideration shall be charged for such franchise. In fixing the value for rate-making purposes of the property of any person, company, or corporation owning it or operating under it, no account shall be taken of, and no increased value shall be allowed for, any such franchise, except that the reasonable cost to the petitioners of obtaining said franchise may be included in the cost of constructing said line.