N.Y. Comp. Codes R. & Regs. tit. 16 § 683.2

Current through Register Vol. 46, No. 53, December 31, 2024

Section 683.2 - Abstracts from law

(a) Authority for uniform system of accounts. This uniform system of accounts for radio-telephone utilities is established and issued by the public service commission under the following provision of the Public Service Law (chapter 48 of the Consolidated Laws):

Section 95, subdivision 2. "The commission may establish a system of accounts to be used by telegraph corporations and telephone corporations, which are subject to its jurisdiction, and are required to make annual reports to it or classify the said corporations, and prescribe a system of accounts for each class and may prescribe the manner in which such accounts shall be kept. It may also, in its discretion prescribe the form of records to be kept by such corporation. Notice of alterations by the commission in the required method or form of keeping accounts shall be given to such corporations by the commission at least six months before the same are to take effect."

(b) Telephone corporation and telephone line defined.

(1) The Public Service Law defines telephone corporation and telephone line as follows:

Section 2, subdivision 17. "The term 'telephone corporation,' when used in this chapter, includes every corporation, company, association, joint-stock association, partnership and person, their lessees, trustees or receivers appointed by any court whatsoever, owning, operating or managing any telephone line or part of telephone line used in the conduct of the business of affording telephonic communication for hire; excepting, however, any corporation, company, association, joint-stock association, partnership or person, their lessees, trustees or receivers, who or which do not operate the business of affording telephonic communication for profit."

Section 2, subdivision 18. "The term 'telephone line,' when used in this chapter, includes conduits, ducts, poles, wires, cables, cross-arms, receivers, transmitters, instruments, machines, appliances and all devices, real estate, easements, apparatus, property and routes used, operated or owned by any telephone corporation to facilitate the business of affording telephonic communication."

Section 5-b. "Corporations formed to acquire property or to transact business which would be subject to the provisions of this chapter, and corporations possessing franchises for any of the purposes contemplated by this chapter, shall be deemed to be subject to the provisions of this chapter although no property may have been acquired, business transacted or franchises exercised."

(2) The term company, as used herein, means radio-telephone utility.

N.Y. Comp. Codes R. & Regs. Tit. 16 § 683.2