Statute · California Public Utilities Code

Cal. Pub. Util. Code § 120652 — Equipment Trust Certificates

Cal. Pub. Util. Code § 120652

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
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.

Citator

Cal. Pub. Util. Code § 120652 — 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.

The agreements, leases, and equipment trust certificates shall be authorized by resolution of the board and shall contain covenants, conditions, and provisions which may be deemed necessary or appropriate to insure the payment of the equipment trust certificates from legally available source or sources of funds specified in the certificates.