California Public Utilities Code

§ 240101

PUC § 240101 Effective Jul 28, 1987Div. 25 · Ch. 2

Statute text

The commission shall do all of the following with respect to the revenues derived from the transactions and use tax levied pursuant to Chapter 4 (commencing with Section 240300):

(a)Adopt an annual budget.

(b)Cause a postaudit of the financial transactions and records of the commission and of all revenues expended pursuant to this division to be made at least annually by a certified public accountant.

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Legislative history

Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.