California Public Utilities Code

§ 170018

PUC § 170018 Effective Jan 1, 2014Div. 17 · Ch. 2

Statute text

(a)The audit committee formed pursuant to subdivision (e) of Section 170013 shall be a standing committee of the board of directors. Each member of the committee shall be a voting member. The public members shall be appointed by the board of directors for staggered three-year terms.

(b)The board of directors shall select the three public members from among the following categories of persons, with no more than one appointee from each category at any one time:

(1)A professional with experience in the field of public finance and budgeting.

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Legislative history

Amended by Stats. 2013, Ch. 83, Sec. 8. (AB 1058) Effective January 1, 2014.