Statute · California Public Utilities Code

Cal. Pub. Util. Code § 13085 — Definitions

Cal. Pub. Util. Code § 13085

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

“Payments on principal” means payments on account of the principal of bonds, whether upon maturity or by payments into a sinking fund on account of principal, and includes premiums required to be paid on the mandatory redemption of sinking fund bonds.

Citator

Cal. Pub. Util. Code § 13085 — Definitions is in force in the current edition of the Code, and nothing recorded condemns it.

“Payments on principal” means payments on account of the principal of bonds, whether upon maturity or by payments into a sinking fund on account of principal, and includes premiums required to be paid on the mandatory redemption of sinking fund bonds.