California Public Utilities Code

§ 13112

PUC § 13112Div. 6 · Ch. 6.5 · Art. 5

Statute text

The provisions of this article shall not preclude any of the following:

(1)The payment of any such principal, interest or premiums through appropriate reserve funds or special trust accounts, established as hereinafter in this article provided.

(2)The payment of interest on or principal of bonds of any such issue out of sums received as premiums or accrued interest on the sale of that issue.

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Legislative history

Added by Stats. 1957, Ch. 2237.