California Government Code CHAPTER 11 - Public Financing

  • Section 5900.
    The Legislature finds and declares all of the following:(a) The ability of the state and local governments to issue bonds is essential to their ability to...
  • Section 5901.
    It is the intent of the Legislature that state and local governments be provided with the powers and flexibility necessary and appropriate for them to...
  • Section 5902.
    As used in this chapter, the following words and terms shall have the following meanings, unless the context otherwise indicates or requires another or different...
  • Section 5903.
    If, prior to issuing any bonds, the legislative body determines that the interest payable on the bonds to be issued by the state or local...
  • Section 5903.5.
    Section 5903 shall apply to any bonds the interest on which will not be subject to federal income taxation under the law in existence on...
  • Section 5904.
    The state or a local government may take any actions, and enter into any agreements, necessary or appropriate to register or qualify the bonds described...
  • Section 5905.
    One or more state or local governments may cause to be formed, and may acquire all, but not less than all, of the voting stock...
  • Section 5906.
    Any bonds issued by a state or local government pursuant to this chapter, or otherwise, and the purchasers or holders thereof, shall be exempt from...
  • Section 5907.
    This chapter shall not affect bonds approved by the voters of the state or local government issuer prior to the effective date of this chapter,...
  • Section 5908.
    The authority conferred by this chapter includes the authority to enter into any and all contracts incident to the exercise of the authority conferred by...
  • Section 5909.
    To the extent that the provisions of this chapter are inconsistent with any other provision of general law or special act or any part thereof,...

Last modified: October 22, 2018