California Public Utilities Code ARTICLE 7 - Equipment Trust Certificates

• Section 29250.
  The district shall have power to purchase equipment such as cars, trolley buses and motor buses, rolling equipment, and may execute agreements, leases and equipment...
• Section 29251.
  The agreement to purchase or lease may direct the vendor or lessor to sell and assign or lease the rolling equipment to a bank or...
• Section 29252.
  The agreements and leases shall be duly acknowledged before some person authorized by law to take acknowledgments of deeds and in the form required for...
• Section 29253.
  The covenants, conditions and provisions of the agreements, leases, and equipment trust certificates shall not conflict with any of the provisions of any trust agreement...

Last modified: October 22, 2018