{"code":"PUC","codeName":"Public Utilities Code","section":"13134","citation":"Pub. Util. Code, § 13134","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 6. MUNICIPAL UTILITY DISTRICT ACT [11501. - 14403.5.]","url":"https://blackletter.si/public-utilities-code/division-6"},{"name":"CHAPTER 6.5. Electric System Improvements [13071. - 13193.]","url":"https://blackletter.si/public-utilities-code/division-6/chapter-6.5"},{"name":"ARTICLE 7. Obligation to Bondholders [13131. - 13136.]","url":"https://blackletter.si/public-utilities-code/division-6/chapter-6.5/article-7"}],"history":"Added by Stats. 1957, Ch. 2237.","effective":null,"html":"<p>The electric system of the district to which the indebtedness pertains shall not be sold or otherwise disposed of, as a whole or substantially as a whole, unless such sale or other disposition be so arranged as to provide for a continuance of payments into a fund sufficient in amount to permit payment therefrom of principal of, and interest on, and premiums, if any, due upon the redemption of, all bonds issued under this chapter.</p>","text":"The electric system of the district to which the indebtedness pertains shall not be sold or otherwise disposed of, as a whole or substantially as a whole, unless such sale or other disposition be so arranged as to provide for a continuance of payments into a fund sufficient in amount to permit payment therefrom of principal of, and interest on, and premiums, if any, due upon the redemption of, all bonds issued under this chapter.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/obligation-to-bondholders-13134","source":"California Legislative Information bulk export (pubinfo)"}