{"code":"PUC","codeName":"Public Utilities Code","section":"90480.5","citation":"Pub. Util. Code, § 90480.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 8. SAN DIEGO COUNTY TRANSIT DISTRICT [90000. - 93017.]","url":"https://blackletter.si/public-utilities-code/division-10/part-8"},{"name":"CHAPTER 6. Powers and Functions of District [90400. - 90570.]","url":"https://blackletter.si/public-utilities-code/division-10/part-8/chapter-6"},{"name":"ARTICLE 5. Transit Facilities and Service [90480. - 90490.]","url":"https://blackletter.si/public-utilities-code/division-10/part-8/chapter-6/article-5"}],"history":"Added by Stats. 1965, Ch. 2039.","effective":null,"html":"<p>The negotiated purchase price of any existing facilities which are acquired by the district shall not exceed the fair market value of the tangible real and personal property which is acquired.</p>","text":"The negotiated purchase price of any existing facilities which are acquired by the district shall not exceed the fair market value of the tangible real and personal property which is acquired.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/transit-facilities-and-service-90480-5","source":"California Legislative Information bulk export (pubinfo)"}