General ProvisionsDefinitions
Section § 3410
This section explains that the definitions in the chapter are used to interpret this part of the law unless the situation clearly demands a different meaning.
Section § 3411
This section of the law defines the term “Act” as specifically referring to the Golden State Energy Act.
Section § 3411.5
This section defines what is meant by the "Acquisition of Pacific Gas and Electric Company." It includes acquiring the company's property, as defined in another legal code, as well as any franchise rights and stock connected to Pacific Gas and Electric Company. The acquisition could also happen through eminent domain, which is when the government takes private property for public use, sometimes with compensation.
Section § 3412
This section defines the term "Board" specifically as the board of directors for Golden State Energy, which is further detailed starting in Section 3420.
Section § 3412.5
This section defines 'Decision 20-05-053' as a specific ruling made on May 28, 2019. It discusses the approval of a reorganization plan for Pacific Gas and Electric Company. This decision arose from an investigation into the rate effects and other issues related to PG&E's bankruptcy proceedings filed in court under Case No. 19-30088.
Section § 3415
In this section, "indebtedness" refers to all types of financial obligations that Golden State Energy might have. This includes bonds, notes, commercial paper, variable rate securities, and other forms of debt.
Section § 3416
This section defines what 'Pacific Gas and Electric Company' (PG&E) includes. It means not just the company itself but also PG&E Corporation, any of their subsidiaries or affiliates that handle assets for electric or gas services in PG&E's area, and any successors to these entities.
Section § 3417
This section defines "Pacific Gas and Electric Company's service territory" as the area and boundaries that were determined at the time when Pacific Gas and Electric Company was acquired.