GroundRules
PUC § 30908
Where this section sits in the code
- Public Utilities Code - PUC
- DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]
- PART 3. SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT [30000. - 33021.]
- CHAPTER 7. Bonds and Other Evidences of Indebtedness [30900. - 30982.]
- ARTICLE 1. Authorization and Issuance of Bonds [30900. - 30913.]
After the expiration of three years after a bond election the board may determine, by ordinance adopted by a vote of two-thirds of all the members of the board, that any or all of the bonds authorized at said election remaining unsold shall not be issued or sold. When the ordinance takes effect, the authorization to issue said bonds shall become void.
Collected 2026-09-14T05:56:33Z. Source file · JSON