Terms Used In California Codes > Public Utilities Code > Division 10 > Part 13 > Chapter 8 > Article 5 - Status as Investments

• City: includes city and county and "incorporated town" but does not include "unincorporated town" or "village. See California Public Utilities Code 19
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• County: includes city and county. See California Public Utilities Code 18
• National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. ^{Source: OCC}
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
• treasurer: as used in this chapter shall refer to such treasurer of the district so appointed. See California Public Utilities Code 101300