California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 1. TRANSIT DISTRICTS IN COUNTIES OF ALAMEDA OR CONTRA COSTA |
Chapter 7. Bonds |
ARTICLE 1. Issuance |
Section 26201.
Latest version.
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A district may from time to time incur a bonded indebtedness as provided in this chapter to pay the cost of acquiring, constructing, or completing the whole or any portion of any transit facilities, or for acquiring any works, lands, structures, rights, equipment, or other property necessary or convenient to carry out the objects, purposes, or powers of the district.
(Added by Stats. 1955, Ch. 1036.)