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California · Through 2026-09-13

PUC § 40223

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Where this section sits in the code
  1. Public Utilities Code - PUC
  2. DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]
  3. PART 4. ORANGE COUNTY TRANSIT DISTRICT [40000. - 40617.]
  4. CHAPTER 6.5. Existing Systems [40221. - 40224.]

The purchase price to be paid for the existing system, or any portion thereof to be purchased, shall be the reproduction cost new, including going concern value, at the date upon which the district commences negotiations for the purchase of the existing system, or the portion of the existing system, less depreciation, including wear, tear, and obsolescence, if any.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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