Sec. 22. All money thus provided shall be set aside out of the earnings and carried in a separate depreciation fund. The money in this fund shall be applied first to depreciation expenses. Any balance in the fund, not applied to depreciation expenses, may be invested by the public utility or expended temporarily by it for new construction, extensions or additions to its utility property. This fund shall be used for no other purpose. If invested, the income from the investment shall be carried into and become a part of the depreciation fund. Any balance, not applied to depreciation expenses, shall always remain a part of the depreciation fund. In no event shall moneys, temporarily expended from this fund for new construction, extensions or additions to the property, be carried into or considered a part of the capital account of such public utility. Upon the sale of any public utility property, to continue in operation as such, the balance in the depreciation fund, unexpended for depreciation expenses, shall be transferred to the purchaser and by the purchaser shall be held, administered and used as herein authorized and required.
Formerly: Acts 1913, c.76, s.25; Acts 1925, c.64, s.2.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 1. Utilities Generally
8-1-2-0.3. Effective Date of Certain Amendments Made to Section 103 of This Chapter
8-1-2-2. Legal Counsel for Commission
8-1-2-4. Services to Public; Rates and Charges
8-1-2-4.2. Rate Adjustment Reflecting Repeal of Utility Receipts Tax; Notice to Affected Customers
8-1-2-5. Joint Use of Facilities; Failure of Parties to Agree; Resolution by Commission
8-1-2-6. Valuation of Property
8-1-2-6.7. Depreciation of Clean Coal Technology
8-1-2-7. Valuation of Property; Hearings
8-1-2-8. Valuation of Property; Expenses; Orders
8-1-2-9. Valuation of Property; Revaluation
8-1-2-11. Accounts and Accounting; Other Subsidiary Business
8-1-2-12. Books, Accounts, Papers, and Records
8-1-2-13. Forms; Conduct of Business
8-1-2-14. Books, Accounts, Papers, or Records; Approval of System
8-1-2-15. Books, Accounts, Papers, or Records; Removal From State; Directors; Residence
8-1-2-16. Accounts; Closing Date; Filing With Commission
8-1-2-17. Accounts; Examination and Audit
8-1-2-18. Books, Accounts, Papers, Records, and Memoranda; Inspection and Examination
8-1-2-19. Depreciation Account
8-1-2-20. Depreciation Account; Rules, Regulations, and Forms
8-1-2-21. Depreciation; Rates, Tolls, and Charges
8-1-2-22. Depreciation Fund; Management
8-1-2-23. Construction Accounts; Additions or Extension; Approval by Commission
8-1-2-25. Rates and Charges; Rules and Regulations Involving Changes
8-1-2-26. Financial Statements and Accounts
8-1-2-32. Standard Commercial Units of Product or Service
8-1-2-33. Standard Measurements for Units of Product or Service
8-1-2-34. Meters and Measuring Appliances; Specifications and Standards
8-1-2-34.5. Customer Service; Determination of Complaints
8-1-2-35. Meters and Measuring Appliances; Testing
8-1-2-36. Meters and Measuring Instruments; Purchase by Commission for Examinations and Tests
8-1-2-36.5. Installation of Submetering Equipment for Individual Units; Adoption of Rules
8-1-2-37. Entry on Property; Testing Meters and Measuring Instruments
8-1-2-38. Filing Schedule of Rates and Charges
8-1-2-39. Filing Schedule of Rates and Charges; Rules and Regulations to Accompany
8-1-2-40. Copies of Schedule; Public Inspection
8-1-2-41. Schedule of Joint Rates and Charges; Printing
8-1-2-42. Changes in Schedules
8-1-2-42.1. Cost Recovery; Substitute Natural Gas Contracts
8-1-2-42.3. Calculation of Relevant Period; Determination of Reduction; Exception
8-1-2-43. New Schedules; Filing
8-1-2-44. Overcharges and Undercharges
8-1-2-45. Rate Schedules; Changes in Form
8-1-2-46.1. Classification of Service; Rate for Furnishing Traction Power
8-1-2-47. Inspections; Tests; Audits and Investigations; Rules and Regulations
8-1-2-49. Inspection of Books and Records; Affiliated Interests; Jurisdiction; Annual Reports
8-1-2-50. Compelling Production of Books, Papers, and Records; Offenses
8-1-2-51. Investigations; Commission
8-1-2-52. Information; Submission to Commission
8-1-2-53. Information; Furnishing to Commission
8-1-2-54. Complaints Against Utilities; Hearing
8-1-2-54.1. Actions for Mandate to Compel Hearing or Issuance of Orders
8-1-2-55. Complaints Against Utilities; Notice to Utilities
8-1-2-56. Complaints; Notice to Public Utility and Complainant
8-1-2-57. Complaints Against Utilities; Separate Hearings
8-1-2-58. Complaints Against Utilities; Investigations
8-1-2-59. Complaints Against Utilities; Investigations; Hearing
8-1-2-60. Complaints Against Utilities; Hearings; Decision and Order
8-1-2-61.5. Rate Orders; Formal Public Hearing; Adoption of Rules
8-1-2-61.6. Small Water Utilities; Changes in Wholesale Rates; Notice to Purchaser; Rate Relief
8-1-2-61.7. Petition for Review of Rates and Charges for Wholesale Sewage Service Contracts
8-1-2-61.8. "Rental Unit Community"
8-1-2-62. Evidence; Compelling Production; Witnesses; Compelling Attendance
8-1-2-64. Witnesses; Depositions
8-1-2-65. Record of Investigations
8-1-2-66. Investigations; Transcript of Evidence; Admissibility
8-1-2-67. Investigations; Transcript of Evidence; Copy
8-1-2-68. Rates and Charges; Order Fixing
8-1-2-69. Complaints Against Utilities; Orders of Commission
8-1-2-70. Expenses of Investigations
8-1-2-71. Rate Schedules; Changes
8-1-2-72. Orders; Rescission; Modification
8-1-2-73. Burden of Proof; Proceedings Against Utilities
8-1-2-74. Investigations; Self-Incrimination
8-1-2-75. Orders of Commission; Distribution of Copies
8-1-2-77. Stock; Consideration; Discount or Premium
8-1-2-78. Stocks, Bonds, Commercial Paper, and Other Evidences of Indebtedness; Authority to Issue
8-1-2-79. Securities; Issuance; Approval; Fraud; Offense
8-1-2-82. Franchise; Sale; Transfer; Assignment or Encumbrance
8-1-2-83. Franchises; Sale; Transfer; Assignment or Encumbrance; Special Rate Contracts
8-1-2-84. Merger or Consolidation; Acquisition, Lease, Sale, or Encumbrance of Property
8-1-2-85. Municipally Owned Utilities; Securities; Fee for Issuance
8-1-2-86. Second Utility Serving Same Area; Declaration of Public Convenience and Necessity
8-1-2-87. Gas Utilities; Necessity Certificates; Requirements
8-1-2-87.7. Gas Utilities; Tariffs; Reasonableness Factors
8-1-2-88.6. Access Charges for Interconnection to Local Exchange Facilities
8-1-2-91. Grant of Licenses, Permits, or Franchises; State Corporations or Citizens
8-1-2-92. Indeterminate Licenses, Permits, or Franchises; Purchase or Condemnation by Municipality
8-1-2-93. Acceptance of Indeterminate Licenses, Permits, or Franchises; Effect
8-1-2-95.1. Electric Utilities; Eminent Domain Against Electric Utility Property Prohibited
8-1-2-101. Municipal Regulations; County Executive's Power; Relocation of Facilities
8-1-2-104. Rates and Charges; Undercharges by Furnishing Facilities to Utility Prohibited; Exception
8-1-2-105. Rates and Charges; Discrimination; Penalty; Exceptions
8-1-2-106. Rates and Charges; Undercharges by Rebates or Concessions Prohibited; Offense
8-1-2-107. Damages; Loss or Injury Caused by Violation
8-1-2-108. Officers and Employees; Violations; Municipally Owned Utilities; Annual Reports
8-1-2-109. General Penalty Provision
8-1-2-112. Continuing Acts as Separate Offenses
8-1-2-113. Emergency Alteration, Amendment, or Suspension of Rates or Services
8-1-2-114. Accidents, Investigation, and Report
8-1-2-115. Enforcement of Law; Recovery of Forfeitures or Penalties
8-1-2-116. Orders and Decisions; Compliance
8-1-2-117. Rates, Penalties, or Forfeitures; Recovery Action
8-1-2-118. Public Service Commission; Traveling Expenses and per Diem
8-1-2-121. Termination of Residential Electric or Gas Service
8-1-2-122. Notice of Termination of Service; Requisites
8-1-2-126. Electrical Power Generated Outside the United States
8-1-2-127. Customer Billing; Indication of Amount of Federal Energy Tax