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TITLE
15 > CHAPTER
15B > § 717g

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§ 717g. Accounts; records; memoranda

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(a) Rules and regulations for keeping and preserving accounts,
records, etc.

Every natural-gas company shall make, keep, and preserve for
such periods, such accounts, records of cost-accounting procedures,
correspondence, memoranda, papers, books, and other records as the Commission
may by rules and regulations prescribe as necessary or appropriate for purposes
of the administration of this chapter: Provided, however, That nothing in this
chapter shall relieve any such natural-gas company from keeping any accounts,
memoranda, or records which such natural-gas company may be required to keep by
or under authority of the laws of any State. The Commission may prescribe a
system of accounts to be kept by such natural-gas companies, and may classify
such natural-gas companies and prescribe a system of accounts for each class.
The Commission, after notice and opportunity for hearing, may determine by order
the accounts in which particular outlays or receipts shall be entered, charged,
or credited. The burden of proof to justify every accounting entry questioned by
the Commission shall be on the person making, authorizing, or requiring such
entry, and the Commission may suspend a charge or credit pending submission of
satisfactory proof in support thereof.

(b) Access to and inspection of accounts and records

The Commission shall at all times have access to and the
right to inspect and examine all accounts, records, and memoranda of natural-gas
companies; and it shall be the duty of such natural-gas companies to furnish to
the Commission, within such reasonable time as the Commission may order, any
information with respect thereto which the Commission may by order require,
including copies of maps, contracts, reports of engineers, and other data,
records, and papers, and to grant to all agents of the Commission free
access to its property and its accounts, records, and memoranda when requested
so to do. No member, officer, or employee of the Commission shall divulge any
fact or information which may come to his knowledge during the course of
examination of books, records, data, or accounts, except insofar as he may be
directed by the Commission or by a court.

(c) Books, accounts, etc., of the person controlling gas company
subject to examination

The books, accounts, memoranda, and records of any person
who controls directly or indirectly a natural-gas company subject to the
jurisdiction of the Commission and of any other company controlled by such
person, insofar as they relate to transactions with or the business of such
natural-gas company, shall be subject to examination on the order of the
Commission.

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