California Statutes
§ 706. — 706. (Repealed and added by Stats. 2018, Ch. 626, Sec. 29.)
California·Code PUC Public Utilities Code - PUC·Div. 1. DIVISION 1. REGULATION OF PUBLIC UTILITIES·Part 1. PART 1. PUBLIC UTILITIES ACT·Ch. 4. CHAPTER 4. Regulation of Public Utilities·Art. 1. ARTICLE 1. Generally
(a)For purposes of this section, “compensation” means any annual salary, bonus, benefits, or other consideration of any value, paid to an officer of an electrical corporation or gas corporation.
(b)An electrical corporation or gas corporation shall not recover expenses for compensation from ratepayers. Compensation shall be paid solely by shareholders of the electrical corporation or gas corporation.
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California § 706. (706. (Repealed and added by Stats. 2018, Ch. 626, Sec. 29.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 2018, Ch. 626, Sec. 29. (SB 901) Effective January 1, 2019.