Texas § UT.104.054 - DEPRECIATION, AMORTIZATION, AND DEPLETION
Full text of Texas The Texas Constitution § UT.104.054 — DEPRECIATION, AMORTIZATION, AND DEPLETION, with citation guidance and answers to common questions.
§ UT.104.054. DEPRECIATION, AMORTIZATION, AND DEPLETION
DEPRECIATION, AMORTIZATION, AND DEPLETION. (a) The railroad commission shall establish proper and adequate rates and methods of depreciation, amortization, or depletion for each class of property of a gas utility or municipally owned utility. (b) The rates and methods established under this section and the depreciation account required under Section 102.152 shall be used uniformly and consistently throughout rate-setting and appeal proceedings. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § UT.104.054
What does The Texas Constitution § UT.104.054 cover?
Section UT.104.054 ("DEPRECIATION, AMORTIZATION, AND DEPLETION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § UT.104.054?
A common citation format is "The Texas Constitution § UT.104.054" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § UT.104.054 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.