§ 120680 The board may borrow money in accordance with Article 7 (commencing …
§ 120681 The board may borrow money in anticipation of the sale of bonds which …

Terms Used In California Codes > Public Utilities Code > Division 11 > Chapter 6 > Article 4 - Temporary Borrowing

  • board: means a county transit development board created pursuant to Chapter 2 (commencing with Section 120050). See California Public Utilities Code 120001
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts