California Public Utilities Code ARTICLE 3 - Issue and Sale

• Section 50245.
  The bonds may be issued and sold for not less than their par value, but otherwise as the board determines. Before selling any bonds, or...
• Section 50246.
  All premiums and accrued interest received on the sale of bonds shall be placed in the fund to be used for the payment of principal...
• Section 50247.
  In lieu of the immediate levy of a tax to pay the interest or any part thereof on any bonded indebtedness incurred in accordance with...

Last modified: October 22, 2018