California · Public Utilities Code - PUC

PUC §12857: The authority herein contained shall be in addition to the authority conferred by Chapter 7 of this division and indebtedness incurred in accordance with the authority herein contained shall not be in

What this law says, in plain English

This statute grants additional authority beyond Chapter 7 and specifies that debt incurred under this authority does not fall under certain restrictions.

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The authority herein contained shall be in addition to the authority conferred by Chapter 7 of this division and indebtedness incurred in accordance with the authority herein contained shall not be included in ascertaining the aggregate indebtedness specified in Section 12842.

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