Section 26201 Of Article 1. Issuance From California Public Utilities Code >> Division 10. >> Part 1. >> Chapter 7. >> Article 1.

. A district may from time to time incur a bonded indebtedness as provided in this chapter to pay the cost of acquiring, constructing, or completing the whole or any portion of any transit facilities, or for acquiring any works, lands, structures, rights, equipment, or other property necessary or convenient to carry out the objects, purposes, or powers of the district.