SECTIONS 13141-13142 - California Statutes

PUBLIC UTILITIES CODE

SECTION 13141-13142

13141. The board may provide in the resolution authorizing the
issue of any bonds under this chapter that any act consented to by
the holders of 60 percent in aggregate principal amount of the
outstanding bonds of any issue of bonds issued under this chapter,
pursuant to provisions for such consents contained in any resolution
of the board constituting a part of the proceedings for the issuance
of such bonds, shall not, as to the bonds of that issue, be deemed an
infringement of any of the provisions of Article 7 of this chapter,
or of any covenant made pursuant thereto, whatever the character of
such act may be.

13142. The board may provide in the resolution authorizing the
issue of any bonds under this chapter the terms and conditions upon
which any provision of any resolution of the board constituting a
part of the proceedings for the issuance of such bonds, or any
provision of such bonds or coupons appurtenant thereto, may be
modified if consented to by the holders of any percentage, specified
in such resolution authorizing the issue of such bonds, of the
aggregate principal amount of the outstanding bonds of such issue.