Statute · California Public Utilities Code

Cal. Pub. Util. Code § 100462 — Equipment Trust Certificates

Cal. Pub. Util. Code § 100462

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Date
2017-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The agreements and leases shall be duly acknowledged before a person authorized by law to take acknowledgments of deeds and in the form required for acknowledgment of deeds. These agreements, leases, and equipment trust certificates shall be authorized by resolution of the VTA and shall contain…

Citator

Cal. Pub. Util. Code § 100462 — Equipment Trust Certificates is in force in the current edition of the Code, and nothing recorded condemns it.

The agreements and leases shall be duly acknowledged before a person authorized by law to take acknowledgments of deeds and in the form required for acknowledgment of deeds. These agreements, leases, and equipment trust certificates shall be authorized by resolution of the VTA and shall contain covenants, conditions, and provisions that may be deemed necessary or appropriate to ensure the payment of the equipment trust certificates from legally available sources of funds specified in the certificates.