California Public Utilities Code 105105 – The district shall be responsible for any advance payment of any …
Current as of: 2024 | Check for updates
|
Other versions
The district shall be responsible for any advance payment of any portion of the North Coast Railroad Authority’s Q-Fund loan repayment obligation caused by the district’s action. Any amount advanced by the district shall be reimbursed by the North Coast Railroad Authority at the time the North Coast Railroad Authority’s obligation to repay that portion of the Q-Fund loan would otherwise become due.
(Added by Stats. 2002, Ch. 341, Sec. 4. Effective January 1, 2003.)
Terms Used In California Public Utilities Code 105105
- District: means the Sonoma-Marin Area Rail Transit District. See California Public Utilities Code 105003
- 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.