Cal. PUC § 7503
This is the official text of Cal. PUC § 7503, part of California’s Public Utilities Code — regulates utilities such as electricity, gas, water, and transportation carriers.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Official statutory text
Any person or any corporation formed under the laws of this State or of any other state within the United States that the directors of a railroad corporation may by unanimous concurrence select, may be trustees in any deed of trust securing bonds, debentures, notes, and evidences of indebtedness issued by such railroad corporation.
Status: in_force · Read it on the official government site
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