California § 132372.2. 132372.2. (Added by Stats. 2002, Ch. 743, Sec. 4.)

California Statutes

§ 132372.2. — 132372.2. (Added by Stats. 2002, Ch. 743, Sec. 4.)

California § 132372.2.

JurisdictionCalifornia

Code PUCPublic 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

This text of California § 132372.2. (132372.2. (Added by Stats. 2002, Ch. 743, Sec. 4.)) 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 § 132372.2. (2026).

Text

(a)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.

(b)The agreements, leases and equipment trust certificates shall be authorized by resolution of the consolidated agency and shall contain covenants, conditions, and provisions which may be deemed necessary or appropriate to ensure the payment of the equipment trust certificates from such legally available source or sources of funds as may be specified in the certificates.

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(a)
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.
(b)
The agreements, leases and equipment trust certificates shall be authorized by resolution of the consolidated agency and shall contain covenants, conditions, and provisions which may be deemed necessary or appropriate to ensure the payment of the equipment trust certificates from such legally available source or sources of funds as may be specified in the certificates.