California Public Utilities Code
§ 90480.5
PUC § 90480.5Div. 10 · Part 8 · Ch. 6 · Art. 5
Statute text
View on leginfo.ca.govThe negotiated purchase price of any existing facilities which are acquired by the district shall not exceed the fair market value of the tangible real and personal property which is acquired.
Legislative history
Added by Stats. 1965, Ch. 2039.