§ 31000 On the date (which is hereinafter referred to as “merger date”) of …
§ 31001 Upon the merger date, the secretary of the district shall record in …
§ 31002 A copy of the certificate provided for in Section 31001 certified by …
§ 31003 On said merger date, all employees of the authority shall become …
§ 31004 It is the intent of this part that the board of directors of the …
§ 31005 Whenever the board deems it necessary, it may issue bonds to refund …

Terms Used In California Codes > Public Utilities Code > Division 10 > Part 3 > Chapter 8 - Provisions Relating to the Los Angeles Metropolitan Transit Authority

  • Contract: A legal written agreement that becomes binding when signed.
  • County: includes city and county. See California Public Utilities Code 18
  • County: includes city and county. See California Water Code 14
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • directors: as used in this part , means the board of directors of the district. See California Public Utilities Code 30006
  • District: as used in this part , means the Southern California Rapid Transit District. See California Public Utilities Code 30004
  • Ex officio: Literally, by virtue of one's office.
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Water Code 19
  • Rapid transit: as used in this part , means the transportation of passengers only and their incidental baggage by means other than by chartered bus, sightseeing bus, taxi, or any other motor vehicle not on an individual passenger fare paying basis, except as otherwise provided in subdivision (b). See California Public Utilities Code 30005
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
  • State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18
  • Trustee: A person or institution holding and administering property in trust.