Pub. Util. Code, § 16602 · Article 7. Receipts, Accounts, and Audits
Pub. Util. Code, § 16602
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
The board may from time to time make appropriations from individual public utility funds for the following purposes:
(a) The payment of operating expenses of the public utility and all or such portion of the general salary and expense fund of the district as the board determines is justly apportionable thereto.
(b) Repairs and reconstruction.
(c) Payment of interest and sinking fund on the bonds or indebtedness incurred or assumed for acquisition, construction, or completion of the public utility.
(d) Extensions and improvements.
(e) A reserve fund.
Notes and commentary — not statutory text
History
Added by Stats. 1953, Ch. 72.
Source of truth
- Edition
- As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
- Official file
- https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=PUC§ionNum=16602.
- Text hash
- sha256 7a3c9a5697a7ba79aaa94adb39d6b2fb1d5c4d13aec06dbb8d5d2d872bad8631
- Composed by
- compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.