California Public Utilities Code 120654 – An executed copy of each agreement and lease shall be filed in the …
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An executed copy of each agreement and lease shall be filed in the office of the Secretary of State, who shall be entitled to receive one dollar ($1) for each copy filed.
The filing constitutes notice to any subsequent judgment creditor or any subsequent purchaser.
Terms Used In California Public Utilities Code 120654
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
(Added by Stats. 1983, Ch. 599, Sec. 2.)