Statute · California Public Utilities Code
Cal. Pub. Util. Code § 99268.2 — Claims for Funds
Cal. Pub. Util. Code § 99268.2
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Date
- 2016-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
In the case of an operator required to be in compliance with Section 99268 under Section 99268.1, the operator may be allocated additional funds that could not be allocated to it because of those requirements, if it maintains, for the fiscal year, a ratio of fare revenues to operating cost, as…
Citator
Cal. Pub. Util. Code § 99268.2 — Claims for Funds is in force in the current edition of the Code, and nothing recorded condemns it.
In the case of an operator required to be in compliance with Section 99268 under Section 99268.1, the operator may be allocated additional funds that could not be allocated to it because of those requirements, if it maintains, for the fiscal year, a ratio of fare revenues to operating cost, as defined by subdivision (a) of Section 99247, at least equal to one-fifth if serving an urbanized area or one-tenth if serving a nonurbanized area.