{"data":{"id":"us-ca/puc-16603","jurisdiction":"us-ca","citation":"PUC § 16603","heading":"","body":"Whenever a reserve fund exceeds one-half of the payment for operating expenses in the preceding fiscal year, the board may appropriate such excess to the general fund.","path":["Public Utilities Code - PUC","DIVISION 7. PUBLIC UTILITY DISTRICT ACT [15501. - 18055.]","CHAPTER 4. Powers and Functions of Districts [16401. - 16682.]","ARTICLE 7. Receipts, Accounts, and Audits [16601. - 16614.]"],"source_url":"https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zip","current_through":"2026-09-13","vintage":"","retrieved_at":"2026-09-14T05:56:33Z","sha256":"8611502d6a55646775093073e88bdf37a61abc64df91f57fdc213ebe4741047f","source_id":"us-ca","stale":false,"prev":"us-ca/puc-16602","next":"us-ca/puc-16604"},"notice":"GroundRules: Original legal text. Not legal advice."}