California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 14. SACRAMENTO REGIONAL TRANSIT DISTRICT |
Chapter 5. Powers and Functions of District |
ARTICLE 5.5. Existing Systems |
Section 102303.
Latest version.
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The district and the public utility operating the existing system may agree upon the purchase price, or they may agree that the purchase price is to be established by arbitration and upon the method of naming arbitrators and the method of conducting such arbitration.
(Added by Stats. 1971, Ch. 1374.)