Statute · California Public Utilities Code
Cal. Pub. Util. Code § 10060 — Sale and Disposal
Cal. Pub. Util. Code § 10060
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and objects mentioned in the ordinance calling the election for the sale of the public utility.
Citator
Cal. Pub. Util. Code § 10060 — Sale and Disposal is in force in the current edition of the Code, and nothing recorded condemns it.
The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and objects mentioned in the ordinance calling the election for the sale of the public utility.