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2025 California Code
Public Utilities Code - PUC
DIVISION 5 - UTILITIES OWNED BY MUNICIPAL CORPORATIONS
CHAPTER 1 - Acquisition, Operation, and Sale of Utilities
ARTICLE 2 - Sale and Disposal
Section 10060.
Universal Citation:
CA Pub Util Code § 10060 (2025)
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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.
(Enacted by Stats. 1951, Ch. 764.)
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