BlackletterCalifornia law

Public Utilities Code § 50206

ARTICLE 7. Investments

Current as of September 28, 2026Pub. Util. Code, § 50206Official source ↗

Amended by Stats. 2024, Ch. 216, Sec. 3. (AB 1853) Effective January 1, 2025.

The investment of surplus money may be made by direct purchase of investments at the original sale or by the subsequent investments in the secondary market.