California Public Utilities Code ARTICLE 6 - Reserve Funds

• Section 13121.
  In connection with the exercise of the power to borrow money, to issue bonds, and to refund indebtedness, pursuant to this chapter, the board may,...
• Section 13122.
  Money set aside and placed in any such reserve fund or special trust account shall remain therein until from time to time expended for the...
• Section 13123.
  Money in any such reserve fund shall be drawn therefrom only upon demands authenticated by the signature of the accountant of the district; provided, however,...
• Section 13124.
  Money in any such special trust account shall be drawn therefrom only in accordance with directions given or authorized by the board.(Added by Stats. 1957,...

Last modified: October 22, 2018