§ 98303
47 words·~1 min read·
/ca/public-utilities-code/98303A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.