The Commission shall value the property of every public utility within the District of Columbia actually used and useful for the convenience of the public at the fair value thereof at the time of said valuation.

History

Mar. 4, 1913, 37 Stat. 978, ch. 150, § 8, par. 7

Prior Codifications

1973 Ed., § 43-306.

1981 Ed., § 43-506.

Section References

This section is referenced in § 34-912.

Cross References

Valuation instruction, Commission’s request from court of appeals, see § 34-604.

Investigations of public utilities, assessing expenses, see § 34-912.