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Tex. Natural Resources Code § 111.183

BASIS FOR RATE

Texas · Texas Natural Resources Code · Status: effective

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Tex. Natural Resources Code § 111.183, BASIS FOR RATE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/696175
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The basis of the rates shall be an amount that will provide a fair return on the aggregate value of the property of a common carrier used and useful in the services performed after providing reasonable allowance for depreciation and other factors and for reasonable operating expenses under honest, efficient, and economical management.