California Public Utilities Code ARTICLE 2 - Sale and Disposal

• Section 10051.
  Any municipal corporation incorporated under the laws of this State may as provided in this article sell and dispose of any public utility that it...
• Section 10052.
  Whenever the legislative body of a municipal corporation by a resolution passed by two-thirds of all its members determines that the public interest and necessity...
• Section 10053.
  The ordinance calling the special election shall recite the object for which the election is to be held, the purpose for which the proceeds of...
• Section 10054.
  The ordinance shall be published once a day for at least 12 days in a newspaper published at least six days a week in the...
• Section 10055.
  The votes of two-thirds of all voters voting at the election are necessary to authorize the sale of the public utility described in the ordinance...
• Section 10056.
  The resolution and ordinance may provide for the sale of more than one public utility, but in such case the question of selling each public...
• Section 10057.
  If the vote cast at the election is in favor of the sale of the public utility mentioned in the ordinance calling for the election,...
• Section 10058.
  At the date fixed for receiving bids the legislative body of the municipal corporation shall open and examine all bids received and may sell the...
• Section 10059.
  When a bid is accepted by the legislative body of the municipal corporation, the legislative body may by resolution authorize its mayor, or president of...
• Section 10060.
  The proceeds of the sale of the public utility shall be placed in the municipal treasury and shall be applied exclusively for the purposes and...
• Section 10061.
  (a) Notwithstanding Article 1 (commencing with Section 10001) and this article, a municipal corporation, by following the provisions of this section, may lease, sell or transfer...

Last modified: October 22, 2018