§ 13085
41 words·~1 min read·
/ca/public-utilities-code/13085A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Payments on principal” means payments on account of the principal of bonds, whether upon maturity or by payments into a sinking fund on account of principal, and includes premiums required to be paid on the mandatory redemption of sinking fund bonds.