56-79 - Proof of costs in cases of payment to affiliated companies. - Virginia Statutes

§ 56-79. Proof of costs in cases of payment to affiliated companies.

No proof shall be satisfactory, within the meaning of the foregoing sections,unless it includes the original (or verified copies) of the relevant costrecords and other relevant accounts of the affiliated interest, or suchabstract thereof or summary taken therefrom, as the Commission may deemadequate, properly identified and duly authenticated; provided, however, thatthe Commission may, where reasonable, approve or disapprove such contracts orarrangements without the submission of such cost records or accounts.

(1934, p. 745; Michie Code 1942, § 3774e.)