Home/California/Statutes/Code PUC: Public 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. 9.: ARTICLE 9. Members/§ 3178.
California Statutes

§ 3178. — 3178. (Added by Stats. 1987, Ch. 680, Sec. 1.)

California § 3178.
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. 9.ARTICLE 9. Members

This text of California § 3178. (3178. (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 § 3178. (2026).

Text

The association may, at any time, as specified in the bylaws, except when the debts of the association exceed 50 percent of its assets, buy in or purchase its common stock at the book value of the common stock, as conclusively determined by the board of directors, and pay for it in cash within one year thereafter.

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

Legislative History

Added by Stats. 1987, Ch. 680, Sec. 1.
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
California § 3178., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/3178..