California Public Utilities Code ARTICLE 7 - Powers

• Section 3121.
  An association may engage in any activity in connection with the selling, transporting, or storing of gas which is produced and delivered to it by...
• Section 3122.
  An association may borrow without limitation as to amount of corporate indebtedness or liability and may make advances to members.(Added by Stats. 1987, Ch. 680,...
• Section 3123.
  An association may act as the agent or representative of any member in any of the activites specified in Section 3171 or 3172.(Added by Stats....
• Section 3124.
  An association may purchase or otherwise acquire, hold, own, and exercise all rights of ownership in, sell, transfer, pledge, or guarantee the payment of dividends...
• Section 3125.
  An association may establish reserves and invest the funds of the reserves in bonds or in any other property as may be provided in the...
• Section 3126.
  An association may buy, hold, and exercise all privileges of ownership of real or personal property as may be necessary or convenient for the conduct...
• Section 3127.
  An association may levy assessments in the manner and in the amount as may be provided in its bylaws.(Added by Stats. 1987, Ch. 680, Sec.
• Section 3128.
  An association may do all of the following:(a) Do each and every thing which is necessary, suitable, or proper for the accomplishment of any of the...
• Section 3130.
  An association may organize, form, operate, own, control, and have an interest in, own stock of, or be a member of any other corporation, with...
• Section 3131.
  An association may, upon resolution adopted by its board of directors, enter into all necessary and proper contracts and agreements and make all necessary and...

Last modified: October 22, 2018