§ 7503
54 words·~1 min read·
/ca/public-utilities-code/7503A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any person or any corporation formed under the laws of this State or of any other state within the United States that the directors of a railroad corporation may by unanimous concurrence select, may be trustees in any deed of trust securing bonds, debentures, notes, and evidences of indebtedness issued by such railroad corporation.