California Codes > Public Utilities Code > Division 10 > Part 2 > Chapter 6 > Article 2 – Contracts
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Terms Used In California Codes > Public Utilities Code > Division 10 > Part 2 > Chapter 6 > Article 2 - Contracts
- Contract: A legal written agreement that becomes binding when signed.
- 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.
- directors: as used in this part , means the board of directors of the district. See California Public Utilities Code 28508
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17