Section 130538.5.

Cal. Public Utilities Code - PUC § 130538.5.
in effect
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The commission shall take no action which will materially impair the security pledged for any bonds which it has previously issued.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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