California § 132372 - The consolidated agency may purchase transit equipment such as cars, trolley buse
Full text of California Public Contract Code - PCC § 132372 — The consolidated agency may purchase transit equipment such as cars, trolley buse, with citation guidance and answers to common questions.
§ 132372. The consolidated agency may purchase transit equipment such as cars, trolley buse
(a) The consolidated agency may purchase transit equipment such as cars, trolley buses, motorbuses, light rail vehicles, or rolling equipment, and may execute agreements, leases, and equipment trust certificates in the forms customarily used by private corporations engaged in the transit business appropriate to effect the purchase and leasing of transit equipment, and may dispose of the equipment trust certificates upon the terms and conditions that the consolidated agency may deem appropriate. (b) Payment for transit equipment, or rentals therefor, may be made in installments, and the deferred installments may be evidenced by equipment trust certificates that are or will be legally available to the consolidated agency. Title to the equipment shall not vest in the consolidated agency until the equipment trust certificates are paid.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 132372
What does Public Contract Code - PCC § 132372 cover?
Section 132372 ("The consolidated agency may purchase transit equipment such as cars, trolley buse") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 132372?
A common citation format is "Public Contract Code - PCC § 132372" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 132372 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.