Section 848.6 Of Article 5.6. Financing Utility Recovery From California Public Utilities Code >> Division 1. >> Part 1. >> Chapter 4. >> Article 5.6.
848.6
. The authority of the commission to issue financing orders
pursuant to Section 848.1 shall expire on December 31, 2006. The
expiration of the authority shall have no effect upon financing
orders adopted by the commission pursuant to this article or any
recovery property arising therefrom, or upon the charges authorized
to be levied thereunder, or the rights, interests, and obligations of
the recovery corporation or a financing entity or holders of
recovery bonds pursuant to the financing order, or the authority of
the commission to monitor, supervise, or take further action with
respect to the order in accordance with the terms of this article and
of the order.