Statute · California Public Utilities Code
Cal. Pub. Util. Code § 6456 — Resettlement of Street, Suburban, and Interurban Railroad Franchises
Cal. Pub. Util. Code § 6456
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The grantee shall pay to the city or city and county such a percentage of the net revenue annually collected from any and all sources under and by virtue of the franchise, permit, or privilege as is fixed in the franchise. What constitutes such annual net revenue shall be provided in the franchise.
Citator
Cal. Pub. Util. Code § 6456 — Resettlement of Street, Suburban, and Interurban Railroad Franchises is in force in the current edition of the Code, and nothing recorded condemns it.
The grantee shall pay to the city or city and county such a percentage of the net revenue annually collected from any and all sources under and by virtue of the franchise, permit, or privilege as is fixed in the franchise. What constitutes such annual net revenue shall be provided in the franchise.