California Statutes

§ 3442. — 3442. (Added by Stats. 2020, Ch. 27, Sec. 12.)

California § 3442.
JurisdictionCalifornia
Code PUCPublic Utilities Code - PUC
Div. 1.7.DIVISION 1.7. Golden State Energy Act
Part 4.PART 4. GOLDEN STATE ENERGY FINANCING POWER

This text of California § 3442. (3442. (Added by Stats. 2020, Ch. 27, Sec. 12.)) 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 § 3442. (2026).

Text

(a)Golden State Energy indebtedness shall not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, or a pledge of the faith and credit of the state or of any political subdivision of the state.
(b)Golden State Energy indebtedness shall be payable solely from the funds available to it.
(c)The issuance of indebtedness shall not directly, indirectly, or contingently obligate the state or any other political subdivision of the state to levy or pledge any form of taxation or to make any appropriation for its repayment.

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Legislative History

Added by Stats. 2020, Ch. 27, Sec. 12. (SB 350) Effective January 1, 2021.
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Bluebook (online)
California § 3442., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/3442..