Statute · California Public Utilities Code

Cal. Pub. Util. Code § 13135 — Obligation to Bondholders

Cal. Pub. Util. Code § 13135

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

No indebtedness payable out of revenues shall be created in contravention of the provisions of any resolutions heretofore adopted by the board in connection with the authorization of any bonds payable out of revenues.

Citator

Cal. Pub. Util. Code § 13135 — Obligation to Bondholders is in force in the current edition of the Code, and nothing recorded condemns it.

No indebtedness payable out of revenues shall be created in contravention of the provisions of any resolutions heretofore adopted by the board in connection with the authorization of any bonds payable out of revenues.