Statute · California Public Utilities Code
Cal. Pub. Util. Code § 16603 — Receipts, Accounts, and Audits
Cal. Pub. Util. Code § 16603
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Whenever a reserve fund exceeds one-half of the payment for operating expenses in the preceding fiscal year, the board may appropriate such excess to the general fund.
Citator
Cal. Pub. Util. Code § 16603 — Receipts, Accounts, and Audits is in force in the current edition of the Code, and nothing recorded condemns it.
Whenever a reserve fund exceeds one-half of the payment for operating expenses in the preceding fiscal year, the board may appropriate such excess to the general fund.