California Statutes
§ 6012. — 6012. (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 granted is an extension of an existing street railroad system, the gross receipts shall be estimated to be one-half of the proportion of the total gross receipts of the system which the mileage of this extension bears to the total mileage of the whole system. This estimate is conclusive as to the amount of the gross receipts of the extension.
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California § 6012. (6012. (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.