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California Public Utilities Code

§ 343

PUC § 343 Effective Jan 1, 2020Div. 1 · Part 1 · Ch. 2.3 · Art. 2

Statute text

View on leginfo.ca.gov
(a)The Attorney General shall represent the Department of Finance and shall succeed to, and may exercise, all rights, claims, powers, and entitlements of the Electricity Oversight Board in any litigation or settlement to obtain ratepayer recovery for the effects of the 2000–02 energy crisis. This section does not require the Attorney General to litigate any claim, or take any other action, as successor to the Electricity Oversight Board.
(b)The Attorney General shall not distribute or expend the proceeds of any settlements of claims described in subdivision (a), except in accordance with Article 9.5 (commencing with Section 16428.1) of Chapter 2 of Part 2 of Division 4 of Title 2 of the Government Code and Division 27 (commencing with Section 80000) of the Water Code.
(c)The Attorney General shall not distribute or expend the proceeds of any settlements of claims allocated to the Electricity Oversight Board.

Legislative history

Added by Stats. 2019, Ch. 150, Sec. 2. (SB 506) Effective January 1, 2020.

Source: California Public Utilities Code § 343 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.