California Codes > Public Utilities Code > Division 10 > Part 18 > Chapter 4 – Meetings
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Terms Used In California Codes > Public Utilities Code > Division 10 > Part 18 > Chapter 4 - Meetings
- board: means the board of directors of the district. See California Public Utilities Code 107002
- Director: means a voting member of the board of directors. See California Public Utilities Code 107002
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- 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.
- Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Water Code 19
- Quorum: The number of legislators that must be present to do business.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.