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Section 40601 Of Chapter 10. Consolidation With Other Districts From California Public Utilities Code >> Division 10. >> Part 4. >> Chapter 10.

40601
. Whenever the board finds and determines that:
  (a) The Southern California Rapid Transit District is willing to annex the territory comprising the district;
  (b) The annexing district has adequate facilities for and is able to supply transit service to the district in a manner equal to or superior to that presently rendered by the district;
  (c) Annexation will not result in assumption of financial obligations by the taxpayers of the district disproportionate to the services which they will receive; the board shall thereafter negotiate an agreement with the annexing district specifying the terms and conditions of annexation and such other matters as are necessary and incidental thereto.