California Statutes
§ 6011. — 6011. (Enacted by Stats. 1951, Ch. 764.)
California·Code PUC Public Utilities Code - PUC·Div. 3. DIVISION 3. PUBLIC UTILITY FRANCHISES BY LOCAL GOVERNMENTS·Ch. 1. CHAPTER 1. Franchise Provisions in General·Art. 1. ARTICLE 1. Manner of Granting
If the franchise is a renewal of a right already in existence, payment of the percentage of gross receipts shall begin at once upon the granting of the franchise. If the franchise is not a renewal of a right already in existence, no percentage shall be paid for the first five (5) years succeeding the date of the franchise, but thereafter the percentage shall be payable annually. If payment is not made, the franchise shall be forfeited.
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California § 6011. (6011. (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.