California Statutes

§ 706. — 706. (Repealed and added by Stats. 2018, Ch. 626, Sec. 29.)

California § 706.
JurisdictionCalifornia
Code PUCPublic 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

This text of California § 706. (706. (Repealed and added by Stats. 2018, Ch. 626, Sec. 29.)) 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 § 706. (2026).

Text

(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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Legislative History

Repealed and added by Stats. 2018, Ch. 626, Sec. 29. (SB 901) Effective January 1, 2019.
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California § 706., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/706..