BlackletterCalifornia law

Public Utilities Code § 103552

ARTICLE 3. Equipment Trust Certificates

Current as of September 28, 2026Pub. Util. Code, § 103552Official source ↗

Added by Stats. 1974, Ch. 502.

The agreements and leases shall be duly acknowledged before a person authorized by law to take acknowledgments of deeds and in the form required for acknowledgment of deeds, and such agreements, leases, and equipment trust certificates shall be authorized by resolution of the district and shall contain such covenants, conditions, and provisions which may be deemed necessary or appropriate to insure the payment of the equipment trust certificates from legally available source or sources of funds specified in such certificates.