2009 California Public Utilities Code - Section 16431-16432 :: Article 2. Property

16431.  A district may take by grant, purchase, gift, devise, or
lease, or otherwise acquire, hold and enjoy, and lease or dispose of,
real and personal property of every kind within or without the
district, when in the judgment of the board it is for the best
interests of the district so to do.

16432.  The legal title to all property acquired under this division
vests immediately and by operation of law in the district, and is
held by the district in trust, and is dedicated and set apart to the
uses and purposes set forth in this division.