California Statutes
§ 6301. — 6301. (Amended by Stats. 1982, Ch. 517, Sec. 359.)
California·Code PUC Public Utilities Code - PUC·Div. 3. DIVISION 3. PUBLIC UTILITY FRANCHISES BY LOCAL GOVERNMENTS·Ch. 2. CHAPTER 2. Gas, Oil, Electric, and Water Franchises by Municipalities·Art. 4. ARTICLE 4. Duties and Liabilities of Grantee
(a)The grantee of a franchise under this chapter may be required to file a bond running to the municipality approved by the legislative body, in a penal sum prescribed by the legislative body and set forth in the resolution of intention to grant the franchise, conditioned that the grantee shall well and truly observe, fulfill, and perform each term and condition of the franchise, and that in case of any breach of condition of the bond the amount of the penal sum therein named shall be recoverable.
(b)The bond, if required by the legislative body, shall be filed with the legislative body within five days after the date of the granting of the franchise. If the bond is not so filed, or does not receive the approval of the legislative body, the franchise may be refused or forfeited and any
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California § 6301. (6301. (Amended by Stats. 1982, Ch. 517, Sec. 359.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1982, Ch. 517, Sec. 359.