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Cal. Pub. Util. Code § 13135

Obligation to Bondholders

Known as the Municipal Utility District Act

The act spans §§ 11501–14403 (486 sections).

Added by Stats. 1957, Ch. 2237.

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.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.