California Codes > Public Utilities Code > Division 6 > Chapter 6 > Article 6 – Indebtedness
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Terms Used In California Codes > Public Utilities Code > Division 6 > Chapter 6 > Article 6 - Indebtedness
- Appraisal: A determination of property value.
- 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.
- County: includes city and county. See California Water Code 14
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
- State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18