Code of Massachusetts Regulations
220 CMR - DEPARTMENT OF PUBLIC UTILITIES
Title 220 CMR 52.00 - Uniform System Of Accounts For Water Companies Contents
BALANCE SHEET
SCHEDULE OF PLANT INVESTMENT AND GENERAL EQUIPMENT ACCOUNTS
Intangible Property
Section 52.102 - Miscellaneous Intangible Investment

Universal Citation: 220 CMR 52.00 MA Code of Regs 52.102
Current through Register 1531, September 27, 2024

This account shall include the cost (if the expenditure is approved by the Department) of any intangible property purchased by the accounting company which cannot be specifically assigned to some other account in this classification.

When any company reclassifies the book accounts representing its investment in plant prior to the effective date of this classification, and finds that there is an amount in excess of that which is properly chargeable to other prescribed accounts, this excess shall be charged to Miscellaneous Intangible Investment.

Any items charged to this or the preceding account shall be amortized by the accounting company as directed by the Department.

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