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HomePublic Utilities CodeDiv. 3Ch. 2Art. 3§ 6263 Franchise Valuation Limits

§ 6263 Franchise Valuation Limits

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 6263 Franchise Valuation Limits

Key Takeaways

  • •A franchise (like a business permission) can't be worth more than what was paid for it.
  • •The value is only what was spent to get it, like fees or publication costs.
  • •No one can say it's worth more in court or anywhere else.

Example

A company buys a permit to sell food on the street for $100.

Even if the company makes a lot of money, the permit is still only worth $100 in court.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 6263 Franchise Valuation Limits

No franchise granted under this chapter shall ever be given any value before any court or other public authority in any proceeding of any character in excess of the cost to the grantee of the necessary publication and any other sum paid by it to the municipality therefor at the time of acquisition. (Enacted by Stats. 1951, Ch. 764.)

Last verified: January 23, 2026

Key Terms

acquisitionpublicationmunicipalityauthority

Related Statutes

  • § 6265 Utility Pipeline Franchise Rights
  • § 6293 Franchise Publication Cost Reimbursement
  • § 6294 Franchise Utility Installation Compliance
  • § 105012 Rail Authority Dissolution Transfer
  • § 11611 District Formation Petition

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 6263.
View Official Source