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Article XII Section 7 California Constitution – Public Utilities

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Article XII Section 7 California Constitution

Below is the content of Article XII Section 7 of the California Constitution

A transportation company may not grant free passes or discounts to anyone holding an office in this State; and the acceptance of a pass or discount by a public officer, other than a Public Utilities Commissioner, shall work a forfeiture of that office. A Public Utilities Commissioner may not hold an official relation to nor have a financial interest in a person or corporation subject to regulation by the commission.

See also: Article XII Section 6 California Constitution

See also 5 U.S. Code § 8420: Insurable interest reductions

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