California · Public Utilities Code - PUC
PUC §13182: All notes or other evidences of indebtedness issued under the authority of this article shall contain upon their face a recital that they are so issued and shall be payable in not to exceed three year
What this law says, in plain English
Notes or debt evidence issued under this authority must display a statement on their face indicating they are so issued and must be payable within three years maximum.
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