{"code":"PUC","codeName":"Public Utilities Code","section":"99352","citation":"Pub. Util. Code, § 99352","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT [99150. - 99582.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11"},{"name":"CHAPTER 4. Transportation Development [99200. - 99420.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11/chapter-4"},{"name":"ARTICLE 7. Limited Obligation Bonds [99320. - 99383.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11/chapter-4/article-7"}],"history":"Added by Stats. 1971, Ch. 1400.","effective":null,"html":"<p>A separate, distinct and special account shall be created at or before the issuance of the bonds, which shall be maintained continuously in the local transportation fund during the time that any of the bonds or the interest thereon are outstanding and unpaid.</p>","text":"A separate, distinct and special account shall be created at or before the issuance of the bonds, which shall be maintained continuously in the local transportation fund during the time that any of the bonds or the interest thereon are outstanding and unpaid.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/limited-obligation-bonds-99352","source":"California Legislative Information bulk export (pubinfo)"}