California § 303. 303. (Amended by Stats. 2017, Ch. 421, Sec. 12.)

California Statutes

§ 303. — 303. (Amended by Stats. 2017, Ch. 421, Sec. 12.)

California § 303.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 1.DIVISION 1. REGULATION OF PUBLIC UTILITIES

Part 1.PART 1. PUBLIC UTILITIES ACT

Ch. 2.CHAPTER 2. The Public Utilities Commission: Organization

This text of California § 303. (303. (Amended by Stats. 2017, Ch. 421, Sec. 12.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 303. (2026).

Text

(a)A public utilities commissioner may not hold an official relation to, nor have a financial interest in, a person or corporation subject to regulation by the commission. If any commissioner acquires a financial interest in a corporation or person subject to regulation by the commission other than voluntarily, his or her office shall become vacant unless within a reasonable time he or she divests himself or herself of the interest.

(b)No executive of a public utility may serve as commissioner within two years after leaving the employment of the utility.

(c)The commission shall maintain an updated Conflict of Interest Code and Statement of Incompatible Activities in a manner consistent with applicable law.

Free access — add to your briefcase to read the full text and ask questions with AI

(a)
A public utilities commissioner may not hold an official relation to, nor have a financial interest in, a person or corporation subject to regulation by the commission. If any commissioner acquires a financial interest in a corporation or person subject to regulation by the commission other than voluntarily, his or her office shall become vacant unless within a reasonable time he or she divests himself or herself of the interest.
(b)
No executive of a public utility may serve as commissioner within two years after leaving the employment of the utility.
(c)
The commission shall
maintain an updated Conflict of Interest Code and Statement of Incompatible Activities in a manner consistent with applicable law.