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2025 California Code
Public Utilities Code - PUC
DIVISION 7 - PUBLIC UTILITY DISTRICT ACT
CHAPTER 4 - Powers and Functions of Districts
ARTICLE 7 - Receipts, Accounts, and Audits
Section 16603.
Universal Citation:
CA Pub Util Code § 16603 (2025)
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16603. Whenever a reserve fund exceeds one-half of the payment for operating expenses in the preceding fiscal year, the board may appropriate such excess to the general fund.
(Added by Stats. 1953, Ch. 72.)
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