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HomePublic Utilities CodeDiv. 10Pt. 2Ch. 8Art. 7§ 29253 District Agreement Compliance

§ 29253 District Agreement Compliance

Public Utilities Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 29253 District Agreement Compliance

Key Takeaways

  • •Any rules in agreements, leases, or equipment trust papers must follow the rules in the main trust agreement.
  • •If there's a conflict, the main trust agreement wins.
  • •This is about making sure all the papers agree with each other.

Example

A school district leases buses and signs a lease agreement.

The lease agreement cannot have rules that go against the main trust agreement that pays for the buses. If it does, the main trust agreement rules apply.

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

Official Source
View on CA.gov

§ 29253 District Agreement Compliance

The covenants, conditions and provisions of the agreements, leases, and equipment trust certificates shall not conflict with any of the provisions of any trust agreement securing the payment of bonds, notes or certificates of the district. (Added by Stats. 1957, Ch. 1056.)

Last verified: January 23, 2026

Key Terms

covenantsconditionsprovisionsagreementsleasesequipment trust certificatestrust agreementbondsnotescertificates of the district

Related Statutes

  • § 102553 District Bond Agreement Compliance
  • § 103553 District Bond Agreement Compliance
  • § 105233 Lease Agreement Compliance Rules
  • § 25848 Lease Agreement Compliance Rules
  • § 100463 Vta Agreement Conflict Prohibition

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Public Utilities Code. Section 29253.
View Official Source