California Public Utilities Code 99343 – The transportation planning agency may provide for the vesting in a …
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The transportation planning agency may provide for the vesting in a trustee of the right to enforce covenants to secure payment of or in relation to the bonds, and the trustee’s powers and duties and the limitation of his liabilities.
(Added by Stats. 1971, Ch. 1400.)
Terms Used In California Public Utilities Code 99343
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Trustee: A person or institution holding and administering property in trust.