☰ Revisor of Missouri

Title XXV INCORPORATION AND REGULATION OF CERTAIN UTILITIES AND CARRIERS

Chapter 387

< > Effective - 28 Aug 1996 bottom

  387.320.  Power of division of motor carrier and railroad safety to require depreciation account of motor carriers. — The division of motor carrier and railroad safety shall have power, after hearing, to require any or all motor carriers to carry a proper and adequate depreciation account in accordance with such rules, regulations and forms of account as the division may prescribe.  The division may, from time to time, ascertain and determine and by order fix the proper and adequate rates of depreciation of the several classes of property of such corporation, person or public utility.  Each motor carrier shall conform its depreciation accounts to the rates so ascertained, determined and fixed, and shall set aside the moneys so provided for out of earnings and carry the same in a depreciation fund and expend such fund only for such purposes and under such rules and regulations, both as to original expenditure and subsequent replacement as the division may prescribe.  The income from investments of moneys in such fund shall likewise be carried in such fund.

­­--------

(RSMo 1939 § 5638, A.L. 1996 S.B. 780)

Prior revisions: 1929 § 5182; 1919 § 10470


---- end of effective  28 Aug 1996 ----

use this link to bookmark section  387.320


Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House