Pub. Util. Code, § 303 · Chapter 2. The Public Utilities Commission: Organization
Pub. Util. Code, § 303
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) A public utilities commissioner may not hold an official relation to, nor have a financial interest in, a person or corporation subject to regulation by the commission. If any commissioner acquires a financial interest in a corporation or person subject to regulation by the commission other than voluntarily, his or her office shall become vacant unless within a reasonable time he or she divests himself or herself of the interest.
(b) No executive of a public utility may serve as commissioner within two years after leaving the employment of the utility.
(c) The commission shall maintain an updated Conflict of Interest Code and Statement of Incompatible Activities in a manner consistent with applicable law.
Notes and commentary — not statutory text
History
Amended by Stats. 2017, Ch. 421, Sec. 12. (SB 19) Effective January 1, 2018.
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=303.
- Text hash
- sha256 e73a347254759f9607db35a438efa31ec30b615cb38f901236838f15aa894d70
- 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.