Section 7503 Of Article 1. Administration And Finance From California Public Utilities Code >> Division 4. >> Chapter 1. >> Article 1.

. 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.