California Statutes
§ 456. — 456. (Enacted by Stats. 1951, Ch. 764.)
California § 456.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 1.DIVISION 1. REGULATION OF PUBLIC UTILITIES
Part 1.PART 1. PUBLIC UTILITIES ACT
Ch. 3.CHAPTER 3. Rights and Obligations of Public Utilities
Art. 1.ARTICLE 1. Rates
This text of California § 456. (456. (Enacted by Stats. 1951, Ch. 764.)) 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 § 456. (2026).
Text
Nothing in this part shall be construed to prohibit any public utility from profiting, to the extent permitted by the commission, from any economies, efficiencies, or improvements which it may make, and from distributing by way of dividends, or otherwise disposing of, such profits. The commission may make or permit such arrangement with any public utility as it deems wise for the purpose of encouraging economies, efficiencies, or improvements and securing the public utility making them such portion of the profits thereof as the commission determines.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Enacted by Stats. 1951, Ch. 764.
Cite This Page — Counsel Stack
Bluebook (online)
California § 456., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/456..