California · Public Utilities Code - PUC
PUC §16601: Receipts from the operation of a public utility shall be paid daily into the treasury of the district in a special fund set aside for such public utility.
What this law says, in plain English
Public utility revenue must be deposited daily into a district treasury account designated specifically for that utility.
Read the full statutory text
Receipts from the operation of a public utility shall be paid daily into the treasury of the district in a special fund set aside for such public utility.
Verify at the official source: California legislative text
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