California Statutes

§ 102509. — 102509. (Amended by Stats. 2006, Ch. 272, Sec. 36.)

California § 102509.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 10.DIVISION 10. TRANSIT DISTRICTS
Part 14.PART 14. SACRAMENTO REGIONAL TRANSIT DISTRICT
Ch. 7.CHAPTER 7. Bonds and Other Evidences of Indebtedness
Art. 1.ARTICLE 1. Authorization and Issuance of General Obligation Bonds

This text of California § 102509. (102509. (Amended by Stats. 2006, Ch. 272, Sec. 36.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Cal. Public Utilities Code - PUC Code § 102509. (2026).

Text

After the expiration of three years after a bond election, the board may determine, by ordinance adopted by a two-thirds vote of the board, that any or all of the bonds authorized at the election remaining unsold shall not be issued or sold. When the ordinance takes effect, the authorization to issue those bonds shall become void.

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Legislative History

Amended by Stats. 2006, Ch. 272, Sec. 36. Effective January 1, 2007.
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California § 102509., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/102509..