§ 13134
75 words·~1 min read·
/ca/public-utilities-code/13134A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The electric system of the district to which the indebtedness pertains shall not be sold or otherwise disposed of, as a whole or substantially as a whole, unless such sale or other disposition be so arranged as to provide for a continuance of payments into a fund sufficient in amount to permit payment therefrom of principal of, and interest on, and premiums, if any, due upon the redemption of, all bonds issued under this chapter.