GroundRules
PUC § 102509
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]
- PART 14. SACRAMENTO REGIONAL TRANSIT DISTRICT [102000. - 102700.]
- CHAPTER 7. Bonds and Other Evidences of Indebtedness [102500. - 102603.]
- ARTICLE 1. Authorization and Issuance of General Obligation Bonds [102500. - 102513.]
After the expiration of three years after a bond election, the board may determine, by ordinance adopted by a two-thirds vote of the board, that any or all of the bonds authorized at the election remaining unsold shall not be issued or sold. When the ordinance takes effect, the authorization to issue those bonds shall become void.
Collected 2026-09-14T05:56:33Z. Source file · JSON