California Statutes

§ 816. — 816. (Enacted by Stats. 1951, Ch. 764.)

California § 816.
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. 5.ARTICLE 5. Stocks and Security Transactions

This text of California § 816. (816. (Enacted by Stats. 1951, Ch. 764.)) 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 § 816. (2026).

Text

The power of public utilities to issue stocks and stock certificates or other evidence of interest or ownership and bonds, notes, and other evidences of indebtedness and to create liens on their property situated within this State is a special privilege, the right of supervision, regulation, restriction, and control of which is vested in the State, and such power shall be exercised as provided by law under such rules as the commission prescribes.

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Legislative History

Enacted by Stats. 1951, Ch. 764.

Nearby Sections

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California § 816., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/816..