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Cal. Pub. Util. Code § 8278

Retirement Fund Investment Losses

Amended by Stats. 1994, Ch. 31, Sec. 8

The commission shall verify the accuracy of the information provided pursuant to Section 8277, and shall disallow any losses incurred as a result of investments in the government of Libya, or in any corporation based in that country, in establishing rates for the public utility.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.