Statute · California Public Utilities Code

Cal. Pub. Util. Code § 98303 — Existing Systems

Cal. Pub. Util. Code § 98303

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Current through
Nov 2, 2026 (California Legislative Counsel)

The purchase price to be paid for the existing system, or that part thereof which the district desires to purchase, shall be the reasonable market value of the buses and other facilities of the existing system on the date that the district commences negotiations for such purchase.

Citator

Cal. Pub. Util. Code § 98303 — Existing Systems is in force in the current edition of the Code, and nothing recorded condemns it.

The purchase price to be paid for the existing system, or that part thereof which the district desires to purchase, shall be the reasonable market value of the buses and other facilities of the existing system on the date that the district commences negotiations for such purchase.