{"code":"PUC","codeName":"Public Utilities Code","section":"13135","citation":"Pub. Util. Code, § 13135","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>No indebtedness payable out of revenues shall be created in contravention of the provisions of any resolutions heretofore adopted by the board in connection with the authorization of any bonds payable out of revenues.</p>","text":"No indebtedness payable out of revenues shall be created in contravention of the provisions of any resolutions heretofore adopted by the board in connection with the authorization of any bonds payable out of revenues.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/obligation-to-bondholders-13135","source":"California Legislative Information bulk export (pubinfo)"}