Value of goodwill not to be considered in ratemaking

N.D. Cent. Code § 49-06-03
in effect
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49-06-03. Value of goodwill not to be considered in ratemaking The value of public utility property for ratemaking purposes shall not include or be affected by goodwill value, going concern value, or franchise value in excess of payments made therefor.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t49c06.pdf#nameddest=49-06-03Fetched: 10/16/2026

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