Section 96403 Of Article 1. Issuance From California Public Utilities Code >> Division 10. >> Part 9. >> Chapter 7. >> Article 1.
96403
. Whenever any petition signed by voters within the district
equal in number to at least 15 percent of the total vote cast at the
last general statewide election is presented to the board asking for
the acquisition, construction, or completion of 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, and also asking that a bonded indebtedness be incurred to
pay for the cost thereof, the secretary of the district shall
immediately examine and verify the signatures of the petition and
certify the result of the examination to the board.