California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 4. LAWS RELATING TO UTILITY CORPORATIONS AND THEIR EMPLOYEES |
Chapter 7. Miscellaneous Regulations |
ARTICLE 4. Retirement Fund Investment Losses |
Section 8278.
Latest version.
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The commission shall verify the accuracy of the information provided pursuant to Section 8277, and shall disallow any losses incurred as a result of investments in the government of Libya, or in any corporation based in that country, in establishing rates for the public utility.
(Amended by Stats. 1994, Ch. 31, Sec. 8. Effective March 30, 1994.)