Public Utilities Code section 120240


The board may take by grant, purchase, devise, or lease, or condemn in proceedings under eminent domain, or otherwise acquire, and hold and enjoy, real and personal property of every kind necessary to the full or convenient exercise of its powers. The board may lease, mortgage, sell, or otherwise dispose of any real or personal property necessary to the full or convenient exercise of its powers.

Source: Section 120240, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PUC§ionNum=120240.­ (updated Jan. 1, 1978; accessed Jun. 16, 2025).

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Verified:
Jun. 16, 2025

§ 120240's source at ca​.gov