371 chapters · 7,566 sections in this title.
Pub. Util. Code § 100055 Section 100055
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Notwithstanding any other provision of this act, before the VTA may establish any transit service or system that may at any time divert, lessen, or compete for the patronage or revenues of any existing system, the VTA shall give a written notice to the public utility that is oper…
Pub. Util. Code § 100055.1 Section 100055.1
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The VTA shall not establish the proposed service or system, or maintain and operate the service or system until it has completed the purchase of the existing system or any part thereof. (Amended by Stats. 2016, Ch. 381, Sec. 16. (AB 2196) Effective January 1, 2017.)
Pub. Util. Code § 100055.2 Section 100055.2
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Subject to Section 100351, the purchase price to be paid for the existing system, or any portion thereof to be purchased, shall be the reproduction cost new, including going concern value, at the date upon which the VTA commences negotiations for the purchase of the existing syst…
Pub. Util. Code § 100055.3 Section 100055.3
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The VTA and 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. (Amended by Stats. 201…