New York Codes, Rules and Regulations › Title 16 - DEPARTMENT OF PUBLIC SERVICE › Chapter VI - TELEPHONE AND TELEGRAPH CORPORATIONS › Subchapter E - Uniform Systems Of Accounts › Article 1 - Telephone Corporations › Part 660 - General Provisions › Section 660.3 - Abstracts from law

Current through Register Vol. 46, No. 28, July 10, 2024
(a) Authority for
					 uniform system of accounts. This uniform system of accounts for telephone
					 corporations 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 corporationand 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) Whenever
					 the terms telephone corporation and telephone line are used in this system of
					 accounts they shall be understood to have the inclusive meaning given them by
					 the definitions quoted above. The term telephone company or telecommunication
					 company is used in the same sense as telephone corporation.