BlackletterCalifornia law

Public Utilities Code § 98303

CHAPTER 6.5. Existing Systems

Current as of September 28, 2026Pub. Util. Code, § 98303Official source ↗

Added by Stats. 1967, Ch. 978.

The purchase price to be paid for the existing system, or that part thereof which the district desires to purchase, shall be the reasonable market value of the buses and other facilities of the existing system on the date that the district commences negotiations for such purchase.