Public Utilities Code section 70241


The bonds shall be issued in such denominations as the board determines, except that no bonds shall be issued of a denomination less than one thousand dollars ($1,000) and shall be payable on the day and at the place or places fixed in the bond, and with interest at the rate specified therein, payable semiannually.

Source: Section 70241, https://leginfo.­legislature.­ca.­gov/faces/codes_displaySection.­xhtml?lawCode=PUC§ionNum=70241.­ (updated Jan. 1, 1964; accessed Jul. 28, 2025).

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Verified:
Jul. 28, 2025

§ 70241's source at ca​.gov