California Codes > Public Utilities Code > Division 10 > Part 4 > Chapter 7 > Article 3 – Issue and Sale
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| § 40245 | The bonds may be issued and sold for not less than their par value, … |
| § 40246 | All premiums and accrued interest received on the sale of bonds shall … |
Terms Used In California Codes > Public Utilities Code > Division 10 > Part 4 > Chapter 7 > Article 3 - Issue and Sale
- Conviction: A judgement of guilt against a criminal defendant.
- person: includes a corporation as well as a natural person. See California Penal Code 7
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC