This chapter is complete authority for the issuance of bonds hereunder, and no action or proceeding not required by this chapter shall be necessary for the valid authorization and issuance of such bonds.
Electric System ImprovementsApplication
Section § 13071
This law says that all the necessary rules and procedures for issuing bonds are included in this chapter. You don't need to take any additional steps or actions beyond what's outlined here to properly authorize and issue the bonds.
bond issuance authorization of bonds issuance procedures
Section § 13072
This law section specifies that the rules and regulations in this chapter apply exclusively to bonds that are issued under this chapter, unless stated otherwise.
Unless otherwise clearly indicated by the context, all of the provisions of this chapter shall be understood as relating only to bonds issued under this chapter.
bonds issued bonds chapter provisions
Section § 13073
This law applies to districts in California that have been running an electric distribution system for at least a decade and have a population of 250,000 people or more.
This chapter shall apply only to districts which have owned and operated an electric distribution system for at least 10 years and which have a population of 250,000 or more.
electric distribution system population requirement district qualification
