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California Public Utilities Code

§ 824

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

Source: California Public Utilities Code § 824 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.