California § 90351. 90351. (Added by Stats. 1965, Ch. 2039.)

California Statutes

§ 90351. — 90351. (Added by Stats. 1965, Ch. 2039.)

California § 90351.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 10.DIVISION 10. TRANSIT DISTRICTS

Part 8.PART 8. SAN DIEGO COUNTY TRANSIT DISTRICT

Ch. 5.CHAPTER 5. Retirement System

This text of California § 90351. (90351. (Added by Stats. 1965, Ch. 2039.)) 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 § 90351. (2026).

Text

Whenever the district acquires existing facilities from a publicly or privately owned public utility, either in proceedings in eminent domain or otherwise, that has a pension plan in operation, members and beneficiaries of such pension plan shall continue to have the rights, privileges, benefits, obligations and status with respect to such established system.
Whenever any such facilities are acquired by the district, the board shall consider and take into account the outstanding obligations and liabilities of the publicly or privately owned public utility by reason of such pension plan and shall negotiate an allowance in the
					 purchase price of such utility for the assumption of such obligations and liabilities when acquiring the facilities.

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Whenever the district acquires existing facilities from a publicly or privately owned public utility, either in proceedings in eminent domain or otherwise, that has a pension plan in operation, members and beneficiaries of such pension plan shall continue to have the rights, privileges, benefits, obligations and status with respect to such established system.
Whenever any such facilities are acquired by the district, the board shall consider and take into account the outstanding obligations and liabilities of the publicly or privately owned public utility by reason of such pension plan and shall negotiate an allowance in the
purchase price of such utility for the assumption of such obligations and liabilities when acquiring the facilities.

Legislative History

Added by Stats. 1965, Ch. 2039.

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California § 90351., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/90351..