California Public Utilities Code 2725 – As used in this chapter, “mutual water company” means any private …
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As used in this chapter, “mutual water company” means any private corporation or association organized for the purposes of delivering water to its stockholders and members at cost, including use of works for conserving, treating and reclaiming water.
(Amended by Stats. 1965, Ch. 200.)
Terms Used In California Public Utilities Code 2725
- 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.