Statute · California Public Utilities Code
Cal. Pub. Util. Code § 6012 — Manner of Granting
Cal. Pub. Util. Code § 6012
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
If the franchise granted is an extension of an existing street railroad system, the gross receipts shall be estimated to be one-half of the proportion of the total gross receipts of the system which the mileage of this extension bears to the total mileage of the whole system. This estimate is…
Citator
Cal. Pub. Util. Code § 6012 — Manner of Granting is in force in the current edition of the Code, and nothing recorded condemns it.
If the franchise granted is an extension of an existing street railroad system, the gross receipts shall be estimated to be one-half of the proportion of the total gross receipts of the system which the mileage of this extension bears to the total mileage of the whole system. This estimate is conclusive as to the amount of the gross receipts of the extension.