18 CFR § 351.1 - Financial statements released by carriers.

---
identifier: "/us/cfr/t18/s351.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "18 CFR § 351.1 - Financial statements released by carriers."
title_number: 18
title_name: "Conservation of Power and Water Resources"
section_number: "351.1"
section_name: "Financial statements released by carriers."
chapter_name: "FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY"
subchapter_number: "Q"
subchapter_name: "ACCOUNTS UNDER THE INTERSTATE COMMERCE ACT"
part_number: "351"
part_name: "FINANCIAL STATEMENTS RELEASED BY CARRIERS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Department of Energy Organization Act, (42 U.S.C. 7101 ) E.O. 12009, 42 FR 46267, Interstate Commerce Act, as amended, (49 U.S.C. 1 )."
cfr_part: "351"
---


# 351.1 Financial statements released by carriers.

Carriers desiring to do so may prepare and publish financial statements in reports to stockholders and others, except in reports to this Commission, based on generally accepted accounting principles for which there is authoritative support, provided that any variance from this Commission's prescribed accounting rules contained in such statements is clearly disclosed in footnotes to the statements.

[Order 119, 46 FR 9044, Jan. 28, 1981]