California Codes > Water Code > Division 14 > Part 10 > Chapter 2 > Article 2 – Hearing and Order
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In California Codes > Water Code > Division 14 > Part 10 > Chapter 2 > Article 2 - Hearing and Order
- Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
- County: includes city and county. See California Water Code 14
- 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
- Person: means any person, firm, association, organization, partnership, business trust, corporation, limited liability company, or company. See California Water Code 19
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
- Subdivision: means a subdivision of the section in which that term occurs unless some other section is expressly mentioned. See California Public Utilities Code 10
- Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.