Statute · California Public Utilities Code

Cal. Pub. Util. Code § 13134 — Obligation to Bondholders

Cal. Pub. Util. Code § 13134

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

The electric system of the district to which the indebtedness pertains shall not be sold or otherwise disposed of, as a whole or substantially as a whole, unless such sale or other disposition be so arranged as to provide for a continuance of payments into a fund sufficient in amount to permit…

Citator

Cal. Pub. Util. Code § 13134 — Obligation to Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

The electric system of the district to which the indebtedness pertains shall not be sold or otherwise disposed of, as a whole or substantially as a whole, unless such sale or other disposition be so arranged as to provide for a continuance of payments into a fund sufficient in amount to permit payment therefrom of principal of, and interest on, and premiums, if any, due upon the redemption of, all bonds issued under this chapter.