{"code":"PUC","codeName":"Public Utilities Code","section":"130538.5","citation":"Pub. Util. Code, § 130538.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 12. COUNTY TRANSPORTATION COMMISSIONS [130000. - 130828.1.]","url":"https://blackletter.si/public-utilities-code/division-12"},{"name":"CHAPTER 5. Los Angeles County Transportation Commission Revenue Bond Act [130500. - 130553.]","url":"https://blackletter.si/public-utilities-code/division-12/chapter-5"},{"name":"ARTICLE 4. Bonds and Notes [130530. - 130545.]","url":"https://blackletter.si/public-utilities-code/division-12/chapter-5/article-4"}],"history":"Added by Stats. 1984, Ch. 1646, Sec. 2.","effective":null,"html":"<p>The commission shall take no action which will materially impair the security pledged for any bonds which it has previously issued.</p>","text":"The commission shall take no action which will materially impair the security pledged for any bonds which it has previously issued.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/bonds-and-notes-130538-5","source":"California Legislative Information bulk export (pubinfo)"}