California § 90503. 90503. (Added by Stats. 1965, Ch. 2039.)

California Statutes

§ 90503. — 90503. (Added by Stats. 1965, Ch. 2039.)

California § 90503.

JurisdictionCalifornia

Code PUCPublic Utilities Code - PUC

Div. 10.DIVISION 10. TRANSIT DISTRICTS

Part 8.PART 8. SAN DIEGO COUNTY TRANSIT DISTRICT

Ch. 6.CHAPTER 6. Powers and Functions of District

Art. 6.ARTICLE 6. Indebtedness

This text of California § 90503. (90503. (Added by Stats. 1965, Ch. 2039.)) 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 § 90503. (2026).

Text

Indebtedness which has been incurred for the acquisition, construction, and operation of transit facilities, where the revenue from the transit facilities for three years or more next preceding has been sufficient to pay the interest and principal due on any bonds issued for its construction or acquisition, in addition to the cost of operation and maintenance, shall not be counted and included in ascertaining the limit of indebtedness.

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

Indebtedness which has been incurred for the acquisition, construction, and operation of transit facilities, where the revenue from the transit facilities for three years or more next preceding has been sufficient to pay the interest and principal due on any bonds issued for its construction or acquisition, in addition to the cost of operation and maintenance, shall not be counted and included in ascertaining the limit of indebtedness.

Legislative History

Added by Stats. 1965, Ch. 2039.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

California § 90503., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/90503..