38.5.2532    RATEBASE TREATMENT OF SUBDIVISION-RELATED WATER OR SEWER UTILITY ASSETS – PRESUMPTION OF RECOVERY

(1) When a small water or sewer utility that has been built in connection with a subdivision elects to file a rate application pursuant to the commission's minimum rate case filing standards, ARM 38.5.101, et seq., or pursuant to one of the simplified regulatory treatment options, there is a rebuttable presumption that the value of original utility plant and assets has been recovered in the sale of lots in a development to be served by the small water or sewer utility.

History: 69-2-101, 69-3-103, 69-3-301, MCA; IMP, 69-2-101, 69-3-103, 69-3-301, MCA; NEW, 2014 MAR p. 394, Eff. 2/28/14.