Tex. Natural Resources Code § 111.183
This is the official text of Tex. Natural Resources Code § 111.183, part of Texas’s Natural Resources Code — governs land, minerals, and natural resource management.
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§ 111.183. BASIS FOR RATE.
Official statutory text
The basis of the rates shall be an amount that will provide a fair return on the aggregate value of the property of a common carrier used and useful in the services performed after providing reasonable allowance for depreciation and other factors and for reasonable operating expenses under honest, efficient, and economical management.
Status: in_force · Read it on the official government site
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