California Public Utilities Code

§ 6456

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PUC § 6456Div. 3 · Ch. 3

Statute text

View on leginfo.ca.gov

The grantee shall pay to the city or city and county such a percentage of the net revenue annually collected from any and all sources under and by virtue of the franchise, permit, or privilege as is fixed in the franchise. What constitutes such annual net revenue shall be provided in the franchise.

Legislative history

Enacted by Stats. 1951, Ch. 764.