California Public Utilities Code 824 – The commission may require public utilities to account for the …
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The commission may require public utilities to account for the disposition of the proceeds of all sales of stocks and stock certificates or other evidence of interest or ownership, and bonds, notes, and other evidences of indebtedness, in such form and detail as it deems advisable, and may establish such rules as it deems reasonable and necessary to insure the disposition of such proceeds for the purposes specified in its order.
(Enacted by Stats. 1951, Ch. 764.)
Terms Used In California Public Utilities Code 824
- Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.