Cal. Public Utilities Code § 13241
Cal. Public Utilities Code § 13241
California · California Public Utilities Code · Status: effective
Cite this
- Citation
- Cal. Public Utilities Code § 13241, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/910264
- Permanent ID
ys:prov:910264@1- SHA-256
9bcfba78e235bb167cd7d76bc3324180680f0644e49c75509dbde26bf1b103c6
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Bonds authorized pursuant to this chapter shall mature serially in amounts to be fixed by the board; provided, that payment shall begin not more than 10 years from the date of issuance thereof and be completed in not more than 50 years from that date; provided, further, that the board may divide any issue of bonds authorized pursuant to this chapter into two or more series, and may fix different dates of issuance and different maturity dates for the bonds of each series. The bonds of each series shall mature serially in amounts to be fixed by the board, and the board shall fix a date not more than 10 years from the date of issuance of each series for the earliest maturity of such series, and shall fix a date not more than 50 years from the date of issuance of each series for the final maturity of such series.