BlackletterCalifornia law

Public Utilities Code § 6464

CHAPTER 3. Resettlement of Street, Suburban, and Interurban Railroad Franchises

Current as of September 28, 2026Pub. Util. Code, § 6464Official source ↗

Enacted by Stats. 1951, Ch. 764.

The resettlement franchise shall provide that the grantee, its successors or assigns, shall never claim before any court or other public authority in any proceeding of any character any value for the resettlement franchise, permit, or privilege in excess of the amount originally paid for it by the grantee to the granting authority.