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HomePublic Utilities CodeDiv. 1Pt. 1Ch. 4Art. 10§ 897 Contract Rights Preservation

§ 897 Contract Rights Preservation

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

§ 897 Contract Rights Preservation

Key Takeaways

  • •Old contracts approved by the commission stay the same as they were understood on January 1, 1998.
  • •This law doesn’t change any rights or rules from those old contracts.
  • •If you had a deal approved before, it still works the same way it did back then.

Example

You signed a contract with a company in 1997 to sell your handmade chairs, and the commission approved it.

Even if new laws come out, your old contract still follows the rules from 1998. Nothing in this law changes what you agreed to back then.

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

Official Source
View on CA.gov

§ 897 Contract Rights Preservation

Nothing in this article impairs the rights and obligations of parties to contracts approved by the commission, as the rights and obligations were interpreted as of January 1, 1998. (Added by Stats. 2000, Ch. 932, Sec. 2. Effective January 1, 2001.)

Last verified: January 23, 2026

Key Terms

commissioncontractagreementobligation

Related Statutes

  • § 843 Transition Property Security Interests
  • § 848.3 Recovery Property Security Interests
  • § 849.3 Water Rate Relief Bonds
  • § 850.2 Recovery Bond Financing Rules
  • § 850.3 Recovery Property Security Interests

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 897.
View Official Source