California Public Utilities Code 103021 – “Existing system” means any transit service or system of a publicly …
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“Existing system” means any transit service or system of a publicly or privately owned public utility, or division thereof, which was operating on January 1, 1974, entirely within the county, or which operated at least 75 percent of its revenue vehicle miles for 1973 within the county, but does not include a charter-party carrier or the charter service of a passenger stage corporation.
(Amended by Stats. 1976, Ch. 1358.)
Terms Used In California Public Utilities Code 103021
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- County: includes city and county. See California Public Utilities Code 18