Public Utilities Code - PUC
DIVISION 10. TRANSIT DISTRICTS [24501 - 107025]
( Division 10 repealed and added by Stats. 1955, Ch. 1036. ) PART 16. SONOMA-MARIN AREA RAIL TRANSIT DISTRICT [105000 - 105337]
( Part 16 added by Stats. 2002, Ch. 341, Sec. 4. ) CHAPTER 6. Bonds and Other Evidence of Indebtedness [105200 - 105262]
( Chapter 6 added by Stats. 2002, Ch. 341, Sec. 4. ) ARTICLE 3. Equipment Trust Certificates [105230 - 105233]
( Article 3 added by Stats. 2002, Ch. 341, Sec. 4. ) 105232.
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. The agreements, leases, and equipment trust certificates shall be authorized by resolution of the district and shall contain the covenants, conditions, and provisions deemed necessary or appropriate to insure the payment of the equipment trust certificates from legally available sources of funds specified in the certificates.
(Added by Stats. 2002, Ch. 341, Sec. 4. Effective January 1, 2003.)