California Public Utilities Code

§ 102121

PUC § 102121Div. 10 · Part 14 · Ch. 4 · Art. 2

Statute text

It shall be the duty of the board of directors and it shall have the power to:

(a)Determine the transit facilities to be acquired and constructed by the district, the manner of operation, and the means to finance them.

(b)Adopt an annual budget for the district and fix the compensation of its officers and employees. The board may provide in the budget for a reasonable replacement reserve.

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Legislative history

Added by Stats. 1971, Ch. 1374.