California § 456 - Nothing in this part shall be construed to prohibit any public utility from profi
Full text of California Public Contract Code - PCC § 456 — Nothing in this part shall be construed to prohibit any public utility from profi, with citation guidance and answers to common questions.
§ 456. Nothing in this part shall be construed to prohibit any public utility from profi
Nothing in this part shall be construed to prohibit any public utility from profiting, to the extent permitted by the commission, from any economies, efficiencies, or improvements which it may make, and from distributing by way of dividends, or otherwise disposing of, such profits. The commission may make or permit such arrangement with any public utility as it deems wise for the purpose of encouraging economies, efficiencies, or improvements and securing the public utility making them such portion of the profits thereof as the commission determines.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 456
What does Public Contract Code - PCC § 456 cover?
Section 456 ("Nothing in this part shall be construed to prohibit any public utility from profi") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 456?
A common citation format is "Public Contract Code - PCC § 456" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 456 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.