California · Public Utilities Code - PUC

PUC §150104: The authority shall do all of the following: (a) Adopt an annual budget.

Read the full statutory text
The authority shall do all of the following: (a) Adopt an annual budget. (b) Cause a postaudit of the financial transactions and records of the authority and of all revenues expended pursuant to this division to be made at least annually by a certified public accountant. (c) Do any and all things necessary to carry out the purposes of this division.

Verify at the official source: California legislative text

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.