The Commission shall value the property of every public utility within the District of Columbia actually used and useful for the convenience of the public at the fair value thereof at the time of said valuation.
D.C. Code § 34-1106
Property to be valued as of time of evaluation
Mar. 4, 1913, 37 Stat. 978, ch. 150, § 8, par. 7
Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.