Section 10303 Of Article 7. Financing Provisions From California Public Utilities Code >> Division 5. >> Chapter 1. >> Article 7.
10303
. The use of certificates of participation by a municipal
corporation not previously engaged in furnishing electricity or gas
to customers on a regular and ongoing basis, or the use of any
evidence of indebtedness, including, but not limited to, certificates
of participation, by a redevelopment agency, for the acquisition of
all, or any portion, of the facilities of an electrical or gas
corporation for the purpose of furnishing electricity or gas to
customers is subject to an election held pursuant to Article 3
(commencing with Section 54380) of Chapter 6 of Part 1 of Division 2
of Title 5 of the Government Code, except that, in the case of any
acquisition by a redevelopment agency, the term "qualified voters,"
as used in Section 54380 of the Government Code, means those persons
who would be served by the facilities proposed to be acquired.