California Legal Codes and Statutes

§ 10060

Enacted by Stats. 1951, Ch. 764.

The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and objects mentioned in the ordinance calling the election for the sale of the public utility.

Cite this section

Cal. Pub. Util. Code § 10060 (2026)
https://ca.codecond.com/codes/puc/division-5-utilities-owned-by-municipal-corporations/chapter-1-acquisition-operation-and-sale-of-utilities/article-2-sale-and-disposal/section-10060

Other sections in Article 2 - Sale and Disposal

§ 10051§ 10052§ 10053§ 10054§ 10055§ 10056§ 10057§ 10058§ 10059§ 10060§ 10061

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