California Statutes

§ 3090. — 3090. (Added by Stats. 1987, Ch. 680, Sec. 1.)

California § 3090.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 1.DIVISION 1. REGULATION OF PUBLIC UTILITIES
Part 4.PART 4. PRODUCTION AND TRANSMISSION OF PUBLIC UTILITY COMMODITIES AND SERVICES
Ch. 1.CHAPTER 1. Gas Producers’ Cooperative Associations
Art. 5.ARTICLE 5. Bylaws

This text of California § 3090. (3090. (Added by Stats. 1987, Ch. 680, Sec. 1.)) 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 § 3090. (2026).

Text

The bylaws may prescribe the amount of any dividends which may be declared on the stock or membership capital, which shall not exceed 8 percent per annum, shall be in the nature of interest, and shall not affect the nonprofit character of any association.

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Legislative History

Added by Stats. 1987, Ch. 680, Sec. 1.

Nearby Sections

11
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California § 3090., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/3090..