California Government Code

§ 14060

GOV § 14060Div. 3 · Title 2 · Part 5 · Ch. 1 · Art. 4

Statute text

The following definitions apply to this article:

(a)“Equipment” means rail passenger cars, locomotives, other rail vehicles, bus and van fleets, and ferryboats.

(b)“Equipment obligations” means notes, equipment trust certificates, or other obligations, including grant anticipation notes, issued by the department pursuant to this article to finance the acquisition of equipment.

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Legislative history

Amended by Stats. 1988, Ch. 914, Sec. 4.