California Public Utilities Code CHAPTER 6 - Bonds and Other Evidences of Indebtedness

• Section 125700.
  The district may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by the district, in the manner provided...
• Section 125701.
  The district is a local agency within the meaning of the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1...
• Section 125702.
  The district may purchase transit equipment such as cars, trolley buses, motorbuses, light rail vehicles, or rolling equipment, and may execute agreements, leases, and equipment...
• Section 125703.
  The agreement to purchase or lease transit equipment may direct the vendor or lessor to sell and assign or lease the transit equipment to a...
• Section 125704.
  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...
• Section 125705.
  The covenants, conditions, and provisions of the agreements, leases, and equipment trust certificates may not conflict with any trust agreement or similar document securing the...
• Section 125706.
  An executed copy of each agreement and lease shall be filed in the office of the Secretary of State, for a fee of one dollar...
• Section 125707.
  The Improvement Act of 1911 (Division 7 (commencing with Section 5000) of the Streets and Highways Code), the Improvement Bond Act of 1915 (Division 10...
• Section 125708.
  Chapter 1 (commencing with Section 99000) of Part 11 of Division 10 is applicable to the district.(Amended by Stats. 2005, Ch. 150, Sec. 46. Effective...
• Section 125709.
  The district shall be considered a “local agency,” as defined in subdivision (h) of Section 53317 of the Government Code, and the provisions of Chapter...
• Section 125710.
  The district shall be considered to be a “local agency” as defined in subdivision (f) of Section 6585 of the Government Code, and Article 4...
• Section 125711.
  The district may borrow money in accordance with Article 7 (commencing with Section 53820), Article 7.6 (commencing with Section 53850), or Article 7.7 (commencing with...
• Section 125712.
  The district may borrow money in anticipation of the sale of bonds that have been authorized to be issued, but that have not been sold...
• Section 125713.
  The district may issue negotiable promissory notes pursuant to this section to acquire funds for any district purposes. The maturity of the promissory notes may...
• Section 125714.
  The district may bring an action to determine the validity of any of its bonds, equipment trust certificates, warrants, notes, or other evidences of indebtedness...
• Section 125715.
  All bonds and other evidences of indebtedness issued by the district under this chapter, and the interest thereon, are free and exempt from all taxation...
• Section 125716.
  Notwithstanding any other provisions of this division or of any other law, the provisions of all ordinances, resolutions, and other proceedings in the issuance by...

Last modified: October 22, 2018