Statutes, codes, and regulations
North Dakota Century Code
Title 49 - PUBLIC UTILITIES
Chapter 49-06 - VALUATION OF PUBLIC UTILITY PROPERTY
Section 49-06-03 - Value of goodwill not to be considered in ratemaking

N.D. Cent. Code § 49-06-03

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Current through 2023 Legislative Sessions
Section 49-06-03 - Value of goodwill not to be considered in ratemaking

The value of public utility property for ratemaking purposes shall not include or be affected by goodwill value, going concern value, or franchise value in excess of payments made therefor.

N.D.C.C. § 49-06-03