California · Public Utilities Code - PUC
PUC §728.5: (a) The commission may establish rates or charges for the transportation of passengers and freight by railroads and other transportation companies, except motor carriers of property, and no railroad o
What this law says, in plain English
A regulatory commission may set rates for railroads and transportation companies, examine their records, hear complaints, and require uniform accounting systems. Transportation companies must charge only the approved rates.
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