Section 10060.

Cal. Public Utilities Code - PUC § 10060.
in effect
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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: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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Cal. Public Utilities Code - PUC § 10060. — Section 10060 | Public Utilities Code - PUC | Corpus