R.C.S.A. § 16-262o-8

Distinction between purchase price and acquisition costs

Last amended: 1990Year: 2026Length: 101 wordsOfficial source

Cite as Conn. Agencies Regs. § 16-262o-8

The definition provided in subsection (i) of Section 16-262o-1 of these Regulations is intended to distinguish between \"Purchase Price\" and \"Acquisitions Costs,\" as defined in subsection (e) of Section 16-262o-1, for the purpose of accounting for an acquisition ordered by the Department of Public Utility Control, in consultation with the Department of Health Services, pursuant to Section 16-262n and subsection (a) of Section 16-262o of the General Statutes of Connecticut, by the acquiring water company, and may be employed by the Department in future proceedings pursuant to Section 16-262n and subsection (a) of Section 16-262o of the General Statutes of Connecticut.
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