Public Utilities Code § 13085
‹ § 13084§ 13091 ›Open in browserleginfo ↗13085.
“Payments on principal” means payments on account of the principal of bonds, whether upon maturity or by payments into a sinking fund on account of principal, and includes premiums required to be paid on the mandatory redemption of sinking fund bonds.
(Added by Stats. 1957, Ch. 2237.)