California · Public Utilities Code - PUC

PUC §340: The Oversight Board shall take the steps that are necessary to ensure the earliest possible incorporation of the Independent System Operator and the Power Exchange as separately incorporated public be

What this law says, in plain English

The Oversight Board must take necessary steps to ensure the Independent System Operator and Power Exchange are incorporated as separate public entities as soon as possible.

Read the full statutory text
The Oversight Board shall take the steps that are necessary to ensure the earliest possible incorporation of the Independent System Operator and the Power Exchange as separately incorporated public benefit, nonprofit corporations under the Corporations Code.

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