California Legal Codes and Statutes

§ 706

Repealed and added by Stats. 2018, Ch. 626, Sec. 29. (SB 901) Effective January 1, 2019.
(a)For purposes of this section, “compensation” means any annual salary, bonus, benefits, or other consideration of any value, paid to an officer of an electrical corporation or gas corporation.
(b)An electrical corporation or gas corporation shall not recover expenses for compensation from ratepayers. Compensation shall be paid solely by shareholders of the electrical corporation or gas corporation.

Cite this section

Cal. Pub. Util. Code § 706 (2026)
https://ca.codecond.com/codes/puc/division-1-regulation-of-public-utilities/part-1-public-utilities-act/chapter-4-regulation-of-public-utilities/article-1-generally/section-706

Other sections in Article 1 - Generally

§ 701§ 701.1§ 701.3§ 701.4§ 701.5§ 701.6§ 701.8§ 701.10§ 702§ 703…§ 712§ 712.1§ 712.5§ 712.7§ 712.8§ 713§ 716§ 717§ 718§ 719

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