Section 100462 Of Article 3. Equipment Trust Certificates From California Public Utilities Code >> Division 10. >> Part 12. >> Chapter 7. >> Article 3.
100462
. The agreements and leases shall be duly acknowledged before
a person authorized by law to take acknowledgments of deeds and in
the form required for acknowledgment of deeds. Such agreements,
leases, and equipment trust certificates shall be authorized by
resolution of the district and shall contain such covenants,
conditions, and provisions which may be deemed necessary or
appropriate to insure the payment of the equipment trust certificates
from legally available sources of funds specified in such
certificates.