III. Jurisdiction
The application has been filed pursuant to Pub. Util. Code § 8512
That code section precludes a public utility from selling any part of its assets necessary or useful in the performance of its duties to the public without first securing authorization to do so from this Commission upon a finding that the transfer of its assets is in the public interest. Every such sale made other than in accordance with the order of the Commission authorizing it is void.
2 All statutory references are to the Public Utilities Code unless otherwise stated.
