If notice of protest is filed, the commission shall fix a time for hearing the same and shall proceed as promptly as possible to hear and consider any matter relative and material thereto which may be presented in support of any such protest so filed. If, after hearing any such protest, the commission shall be of the opinion that its valuation should not be made final, it shall make such changes as may be necessary to do justice, and shall issue an order making such valuation as corrected final as of the date thereof, which order shall be a final order of the commission. If, after hearing any such protest, the commission shall be of the opinion that its valuation should be made final, it shall issue an order making such valuation final as of the date thereof, which order shall likewise be a final order of the commission. Any such final order and the commission's report of valuation upon which the same is based shall be a permanent public record of the commission, and shall be kept on file at its office. If no protest is filed as provided in Section 37-4-18 and such report of valuation by the commission becomes final as therein provided, then the valuation fixed in such report shall for all future rate-making purposes be the permanent basic valuation of the property of such utility unless there be a revaluation of the property of such utility as is provided in this article. If such protest is filed and after hearing thereof and order thereon, no appeal be taken to the Circuit Court of Montgomery County, then the valuation fixed by such final order thereon shall for all future rate-making purposes be the permanent basic valuation of the property of such utility unless there is a revaluation of the property of such utility as is provided in this article.
Structure Code of Alabama
Title 37 - Public Utilities and Public Transportation.
Chapter 4 - Public Utilities Other Than Transportation Companies or Motor Vehicle Carriers.
Article 1 - Rate and Other Regulations.
Section 37-4-2 - Jurisdiction of Commission Limited as to Nonutilities.
Section 37-4-2.1 - Regulation of Certain Private Water System Utilities in Class 8 Municipalities.
Section 37-4-3 - Officers and Directors Occupy Fiduciary Relationship.
Section 37-4-4 - Directors Not to Delegate or Relinquish Duties.
Section 37-4-5 - Sale or Purchase of Securities by Utility Employees.
Section 37-4-6 - Payment of Dividends.
Section 37-4-11 - Sale, Pledge or Other Disposition of Securities.
Section 37-4-12 - Guarantee or Obligation on Part of State Not to Be Implied.
Section 37-4-13 - Provisions of Article Not Applicable to Certain Notes.
Section 37-4-14 - Receiver's Certificate or Debentures.
Section 37-4-15 - Reports by Utility.
Section 37-4-16 - Validity of Securities Issued Without Authorization; Penalty for Violation.
Section 37-4-18 - Valuation of Utility Property - Notice; Filing of Protest; Finality.
Section 37-4-19 - Valuation of Utility Property - Hearing Upon Protest; Corrections; Final Order.
Section 37-4-20 - Valuation of Utility Property - Revaluation.
Section 37-4-21 - Valuation of Utility Property - Appeals.
Section 37-4-22 - Contract Rates.
Section 37-4-23 - Inspection and Supervision Fees - Generally.
Section 37-4-24 - Inspection and Supervision Fees - Recovery of Delinquent Fees.
Section 37-4-25 - Intercorporate Relations - Treatment of Utility as Part of General System.
Section 37-4-27 - Special or Reduced Rates.
Section 37-4-28 - Certificate of Convenience and Necessity - When Required; Application; Issuance.
Section 37-4-30 - Obtaining Electric Service Under a Private Contract; Definitions.