{"code":"PUC","codeName":"Public Utilities Code","section":"22780","citation":"Pub. Util. Code, § 22780","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 9. AVIATION [21001. - 24451.]","url":"https://blackletter.si/public-utilities-code/division-9"},{"name":"PART 2. AIRPORT DISTRICTS [22001. - 22909.]","url":"https://blackletter.si/public-utilities-code/division-9/part-2"},{"name":"CHAPTER 5. Bonds [22701. - 22851.]","url":"https://blackletter.si/public-utilities-code/division-9/part-2/chapter-5"},{"name":"ARTICLE 3. Bond Issuance [22776. - 22786.]","url":"https://blackletter.si/public-utilities-code/division-9/part-2/chapter-5/article-3"}],"history":"Added by Stats. 1953, Ch. 151.","effective":null,"html":"<p>The term of the bonds shall not exceed 40 years.</p>","text":"The term of the bonds shall not exceed 40 years.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/bond-issuance-22780","source":"California Legislative Information bulk export (pubinfo)"}