California Statutes

§ 29178. — 29178. (Added by Stats. 1957, Ch. 1056.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 2. PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT·Ch. 8. CHAPTER 8. Bonds and Other Evidences of Indebtedness·Art. 2. ARTICLE 2. Form and Terms of General Obligation Bonds
No bond by its terms shall mature in more than fifty (50) years from its own date, and in the event any authorized issue is divided into two or more series or divisions, the maximum maturity herein authorized shall be calculated from the date on the face of each bond, separately, irrespective of the fact that different dates may be prescribed for the bonds of each separate series or division of any authorized issue.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 29178. (29178. (Added by Stats. 1957, Ch. 1056.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1957, Ch. 1056.
View on official source ↗