§ 10055 Public Utility Sale Approval
This law says that at least two‑thirds of the people who vote in the election must say yes to sell the public utility.
A town wants to sell its water company. The city holds an election and 600 residents cast ballots.
To be allowed to sell the water company, at least two‑thirds of those 600 voters (so 400 votes) must be in favor.
Required yes‑votes = (2/3) × Total votes cast
600 people voted in the election.
Result: Required yes‑votes = (2/3) × 600 = 400 votes
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 10055 Public Utility Sale Approval
Last verified: January 11, 2026