California Statutes
§ 10060. — 10060. (Enacted by Stats. 1951, Ch. 764.)
California·Code PUC Public Utilities Code - PUC·Div. 5. DIVISION 5. UTILITIES OWNED BY MUNICIPAL CORPORATIONS·Ch. 1. CHAPTER 1. Acquisition, Operation, and Sale of Utilities·Art. 2. ARTICLE 2. Sale and Disposal
The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and objects mentioned in the ordinance calling the election for the sale of the public utility.
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California § 10060. (10060. (Enacted by Stats. 1951, Ch. 764.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Enacted by Stats. 1951, Ch. 764.