GroundRules
PUC § 7505
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 4. LAWS RELATING TO UTILITY CORPORATIONS AND THEIR EMPLOYEES [7503. - 8290.2.]
- CHAPTER 1. Railroad Corporations [7503. - 7727.]
- ARTICLE 1. Administration and Finance [7503. - 7508.]
(a) Revenue derived from passenger rail service on the Northwestern Pacific Railroad right-of-way south of Willits to Larkspur shall only be used for capital improvements to, and operating expenses of, the passenger rail service south of Willits to Larkspur.
(b) Real property on which the Northwestern Pacific Railroad right-of-way south of Willits to Larkspur is located shall not be pledged or mortgaged to fund capital improvements on the right-of-way north of Willits.
Collected 2026-09-14T05:56:33Z. Source file · JSON