California Public Utilities Code
§ 98303
PUC § 98303Div. 10 · Part 10 · Ch. 6.5
Statute text
View on leginfo.ca.govThe purchase price to be paid for the existing system, or that part thereof which the district desires to purchase, shall be the reasonable market value of the buses and other facilities of the existing system on the date that the district commences negotiations for such purchase.
Legislative history
Added by Stats. 1967, Ch. 978.