California Public Utilities Code

§ 840

PUC § 840 Effective Aug 15, 1997Div. 1 · Part 1 · Ch. 4 · Art. 5.5

Statute text

For the purposes of this article, the following terms shall have the following meanings:

(a)“Bank” means the California Infrastructure and Economic Development Bank.

(b)“Financing entity” means the bank, any special purpose trust, as defined in Section 63010 of the Government Code, that is authorized by the bank to issue rate reduction bonds or acquire transition property, or any other entity authorized by the bank to issue rate reduction bonds or acquire transition property, or both. The bank may authorize an entity other than a special purpose trust, as defined in Section 63010 of the Government Code, to issue rate reduction bonds only if all of the following conditions are met:

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Legislative history

Amended by Stats. 1997, Ch. 275, Sec. 27. Effective August 15, 1997.