California Public Utilities Code ARTICLE 8 - Bonds, Equipment, and Leases

• Section 132370.
  The consolidated agency may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by the consolidated agency, in the...
• Section 132370.1.
  (a) The consolidated agency may issue revenue bonds under the Revenue Bond Law of 1941 for any one or more transit facilities authorized to be acquired,...
• Section 132370.2.
  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 132370.3.
  Chapter 1 (commencing with Section 99000) of Part 11 of Division 10 of the Public Utilities Code is applicable to the consolidated agency.(Added by Stats....
• Section 132370.4.
  The consolidated agency shall be considered to be a “local agency” as defined in subdivision (h) of Section 53317 of the Government Code and the...
• Section 132370.5.
  The consolidated agency shall be considered to be a “local agency” as defined in subdivision (f) of Section 6585 of the Government Code and the...
• Section 132370.6.
  The consolidated agency may borrow money in accordance with Article 7 (commencing with Section 53820), Article 7.6 (commencing with Section 53850), or Article 7.7 (commencing...
• Section 132370.7.
  (a) The consolidated agency may borrow money in anticipation of the sale of bonds which have been authorized to be issued, but which have not been...
• Section 132370.8.
  The consolidated agency may bring an action to determine the validity of any of its bonds, equipment trust certificates, warrants, notes, or other evidences of...
• Section 132370.9.
  All bonds and other evidences of indebtedness issued by the consolidated agency under this chapter, and the interest thereon, are free and exempt from all...
• Section 132370.10.a.
  (a) Notwithstanding any other provisions of this article or any other law, the provisions of all ordinances, resolutions, and other proceedings in the issuance by the...
• Section 132372.
  (a) The consolidated agency may purchase transit equipment such as cars, trolley buses, motorbuses, light rail vehicles, or rolling equipment, and may execute agreements, leases, and...
• Section 132372.1.
  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 132372.2.
  (a) 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 132372.3.
  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...
• Section 132372.4.
  (a) An executed copy of each agreement and lease shall be filed in the office of the Secretary of State, who shall be entitled to receive...

Last modified: October 22, 2018