Public Utilities Code section 10060

The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and objects mentioned in the ordinance calling the election for the sale of the public utility.

Source: Section 10060, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=10060. (accessed May 4, 2025).

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Last Updated

Apr. 24, 2025

§ 10060’s source at ca.gov

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Location: https://california.public.law/codes/public_utilities_code_section_10060

Original Source: Section 10060, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=10060. (last accessed Apr. 24, 2025).