- a) In Section 32.13(d)(1), delete "state commission(s) having jurisdiction" and substitute "Commission".
- b) In Section 32.13(d)(2), delete "such commission(s)" and substitute "the Commission".
c) Delete Section 32.13(e) in its entirety and replace with the following language:
"e) The company shall incorporate the following controls into its accounting system with respect to the maintenance of subsidiary records in lieu of the maintenance of accounts for various account categories:
- 1) The summation of the balances of all subsidiary records of an account shall equal the total balance of the account as reflected on the company's financial statements.
- 2) The company shall document the accounting procedures related to subsidiary records.
- 3) The subsidiary records shall be maintained at an adequate level of detail to satisfy the company's reporting requirements under Section 5-109 of the Public Utilities Act [220 ILCS 5/5-109]."
(Source: Amended at 27 Ill. Reg. 13360, effective August 1, 2003)