Statute · California Public Utilities Code
Cal. Pub. Util. Code § 3326 — Board of Directors
Cal. Pub. Util. Code § 3326
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Date
- 2001-08-13
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) The members of the board shall be subject to the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)) of the Government Code, and all other applicable provisions of law.
Citator
Cal. Pub. Util. Code § 3326 — Board of Directors is in force in the current edition of the Code, and nothing recorded condemns it.
(a) The members of the board shall be subject to the Political Reform Act of 1974 (Title 9 (commencing with Section 81000)) of the Government Code, and all other applicable provisions of law.
(b) The board may purchase insurance for its fiduciaries or for itself to cover liability or losses occurring by reason of the act or omission of a fiduciary, if the insurance permits recourse by the insurer against the fiduciary in the case of a breach of a fiduciary obligation by the fiduciary.