South Carolina Code § 58-5-220

Standardized system of accounts.
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The Office of Regulatory Staff may, in its discretion, subject to approval of the commission:
(a) establish a standardized system of accounts to be kept by the public utilities subject to its jurisdiction;
(b) classify such public utilities and establish a standardized system of accounts for each class; and
(c) prescribe the manner in which such accounts shall be kept.

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