Statute · California Public Utilities Code
Cal. Pub. Util. Code § 99696 — Bonds
Cal. Pub. Util. Code § 99696
- Type
- Statute
- Source
- California Public Utilities Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The people of California hereby find and declare that, inasmuch as the proceeds from the sale of bonds authorized by this part are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitation…
Citator
Cal. Pub. Util. Code § 99696 — Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
The people of California hereby find and declare that, inasmuch as the proceeds from the sale of bonds authorized by this part are not “proceeds of taxes” as that term is used in Article XIIIB of the California Constitution, the disbursement of these proceeds is not subject to the limitation imposed by that article.