{"code":"PUC","codeName":"Public Utilities Code","section":"240101","citation":"Pub. Util. Code, § 240101","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 25. RIVERSIDE COUNTY TRANSPORTATION COMMISSION [240000. - 240323.]","url":"https://blackletter.si/public-utilities-code/division-25"},{"name":"CHAPTER 2. Administration [240100. - 240103.]","url":"https://blackletter.si/public-utilities-code/division-25/chapter-2"}],"history":"Added by Stats. 1987, Ch. 270, Sec. 2.   Effective July 28, 1987.","effective":"1987-07-28","html":"<p>The commission shall do all of the following with respect to the revenues derived from the transactions and use tax levied pursuant to Chapter 4 (commencing with Section <a href=\"/puc/240300\">240300</a>):</p><p>(a) Adopt an annual budget.</p><p>(b) Cause a postaudit of the financial transactions and records of the commission and of all revenues expended pursuant to this division to be made at least annually by a certified public accountant.</p><p>(c) Do any and all things necessary to carry out the purposes of this division.</p>","text":"The commission shall do all of the following with respect to the revenues derived from the transactions and use tax levied pursuant to Chapter 4 (commencing with Section 240300): (a) Adopt an annual budget. (b) Cause a postaudit of the financial transactions and records of the commission and of all revenues expended pursuant to this division to be made at least annually by a certified public accountant. (c) Do any and all things necessary to carry out the purposes of this division.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/administration-240101","source":"California Legislative Information bulk export (pubinfo)"}