California Public Utilities Code 30706 – Unless the context otherwise requires, the definitions of the …
Unless the context otherwise requires, the definitions of the following terms shall apply to indebtedness under this part:
(a) “Any bond” or “any bonded indebtedness” means bonds or indebtedness of any kind or nature issued or authorized, respectively, pursuant to Chapter 7 (commencing with Section 30900).
Terms Used In California Public Utilities Code 30706
- District: as used in this part , means the Southern California Rapid Transit District. See California Public Utilities Code 30004
- Transit funds: as used in this part , means any funds or moneys payable to or received by the district from any California transit funds or any funds which the United States or any department, instrumentality, or agency thereof, the State of California, a county, a city, or any other public agency, or any other individual or entity, public or private, has or is authorized by any law or by official action thereunder to appropriate, contribute, grant, or loan to the district to be used for the payment of any indebtedness, including, but not limited to, any bonded indebtedness of the district in accordance with this part or any other law. See California Public Utilities Code 30703.1
(b) “Bond” means the bond authorized pursuant to Article 1 (commencing with Section 30900) of Chapter 7.
(c) “Limited tax bond” means the bond issued pursuant to Article 1.5 (commencing with Section 30920) of Chapter 7.
(d) “Revenue bond” means the bond issued pursuant to Article 2 (commencing with Section 30930) of Chapter 7.
(e) “Improvement district bond” means the bond issued pursuant to Article 5 (commencing with Section 30960) of Chapter 7.
(f) “Revenues” means any funds of the district, including transit funds other than property taxes levied under Section 30802 and special taxes levied under Section 30820.
(Amended by Stats. 1984, Ch. 144, Sec. 185.)