California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 7. PUBLIC UTILITY DISTRICT ACT |
Chapter 4. Powers and Functions of Districts |
ARTICLE 7. Receipts, Accounts, and Audits |
Section 16604.
Latest version.
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The books of account of the district shall show all of the following:
(a) The true and complete financial results of the ownership and operation of each public utility.
(b) The actual cost of each public utility.
(c) All costs of maintenance, extension, and improvement, and all operating expenses of every description.
(Added by Stats. 1953, Ch. 72.)