BlackletterCalifornia law

Public Utilities Code § 90480.5

ARTICLE 5. Transit Facilities and Service

Current as of September 28, 2026Pub. Util. Code, § 90480.5Official source ↗

Added by Stats. 1965, Ch. 2039.

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.