California Public Utilities Code

§ 7503

PUC § 7503Div. 4 · Ch. 1 · Art. 1

Statute text

Any person or any corporation formed under the laws of this State or of any other state within the United States that the directors of a railroad corporation may by unanimous concurrence select, may be trustees in any deed of trust securing bonds, debentures, notes, and evidences of indebtedness issued by such railroad corporation.

Legislative history

Amended by Stats. 1951, Ch. 1036.