§ 102600 Bond Validity Legal Action

Public Utilities Code·California

AI SummaryVerified

This law lets a district go to court to ask a judge if its bonds, notes, or other debt papers are really valid.

Key Takeaways

•The district can sue to test the validity of its debt papers.
•It applies to bonds, equipment trust certificates, warrants, notes, and similar items.
•The lawsuit must follow the procedures in Chapter 9 of the Code of Civil Procedure.

Example

A city district thinks one of its old bonds might have been issued incorrectly, so it files a lawsuit to have a court decide if the bond is still good.

The district uses this rule to start a legal case that will let a judge look at the bond and say whether it’s valid or not.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source

View on CA.gov

§ 102600 Bond Validity Legal Action

The district may bring an action to determine the validity of any of its bonds, equipment trust certificates, warrants, notes or other evidences of indebtedness pursuant to Chapter 9 (commencing with Section 860), Title 10 of Part 2 of the Code of Civil Procedure. (Added by Stats. 1971, Ch. 1374.)

Last verified: January 11, 2026

Key Terms

bonds equipment trust certificates warrants notes evidences of indebtedness

References

Official text at leginfo.legislature.ca.gov
California Legislature. Public Utilities Code. Section 102600.

Key Takeaways

Example

Key Terms

Related Statutes

References

Key Takeaways

Example

Key Terms

Related Statutes

References