Public Utilities Code § 10060

ARTICLE 2. Sale and Disposal

Current as of September 28, 2026Pub. Util. Code, § 10060Official source ↗

Enacted by Stats. 1951, Ch. 764.

The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and objects mentioned in the ordinance calling the election for the sale of the public utility.