California Statutes

§ 132370.10. — 132370.10. (Added by Stats. 2002, Ch. 743, Sec. 4.)

California·Code PUC Public Utilities Code - PUC·Div. 12.7. DIVISION 12.7. COUNTY AND REGIONAL TRANSPORTATION COMMISSIONS·Ch. 3. CHAPTER 3. Transportation Consolidation For San Diego·Art. 8. ARTICLE 8. Bonds, Equipment, and Leases
(a)Notwithstanding any other provisions of this article or any other law, the provisions of all ordinances, resolutions, and other proceedings in the issuance by the consolidated agency of any bonds, bonds with a pledge of revenues, bonds for any and all evidences of indebtedness or liability constitute a contract between the consolidated agency and the holders of the bonds, equipment trust certificates, notes, or evidences of indebtedness or liability, and the provisions thereof are enforceable against the consolidated agency or any or all of its successors or assigns, by mandamus or any other appropriate suit, action, proceeding in law or in equity in any court of competent jurisdiction.
(b)Nothing in this article or in any other law shall be held to relieve the consolidated agency or

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California § 132370.10. (132370.10. (Added by Stats. 2002, Ch. 743, Sec. 4.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 2002, Ch. 743, Sec. 4. Effective January 1, 2003.

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