California Public Utilities Code Section 98303

CA Pub Util Code § 98303 (2017)  

The purchase price to be paid for the existing system, or that part thereof which the district desires to purchase, shall be the reasonable market value of the buses and other facilities of the existing system on the date that the district commences negotiations for such purchase.

(Added by Stats. 1967, Ch. 978.)

Last modified: October 25, 2018