California Public Utilities Code

§ 824

PUC § 824Div. 1 · Part 1 · Ch. 4 · Art. 5

Statute text

The commission may require public utilities to account for the disposition of the proceeds of all sales of stocks and stock certificates or other evidence of interest or ownership, and bonds, notes, and other evidences of indebtedness, in such form and detail as it deems advisable, and may establish such rules as it deems reasonable and necessary to insure the disposition of such proceeds for the purposes specified in its order.

Legislative history

Enacted by Stats. 1951, Ch. 764.