California Government Code ARTICLE 2 - Revenue Bonds

  • Section 50715.
    The board shall issue revenue bonds in the name of the local agency. These bonds shall constitute obligations of the project only, and neither the...
  • Section 50716.
    The board shall determine the time, form and manner of the issuance of revenue bonds.(Added by Stats. 1957, Ch. 2066.)
  • Section 50717.
    The board may enter into indentures providing for the aggregate principal amount, date, or dates, maturities, interest rate, denominations, form, registration transfer and interchange of...
  • Section 50718.
    An indenture pursuant to which bonds are issued may include such covenants and agreements on the part of the board as the board deems necessary...
  • Section 50719.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay or cause to be paid punctually the principal...
  • Section 50720.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to continuously operate all improvements acquired, constructed, or completed, in...
  • Section 50721.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to make all needful and necessary repairs, renewals and replacements...
  • Section 50722.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to preserve and protect the security of the bonds and...
  • Section 50723.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay and discharge or cause to be paid and...
  • Section 50724.
    An indenture may include a clause relating to the bonds issued thereunder which limits, restricts, or prohibits any right, power or privilege of the board...
  • Section 50725.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to fix, prescribe and collect fees, rates, tolls, rentals or...
  • Section 50726.
    An indenture may include a clause relating to the bonds issued thereunder requiring the board to hold in trust the revenues pledged to the payment...
  • Section 50727.
    An indenture may include a clause limiting the power of the board to apply the proceeds of the sale of any issue of bonds for...
  • Section 50728.
    An indenture may include a clause limiting the power of the board to issue additional bonds for the purpose of acquiring, constructing or completing any...
  • Section 50729.
    An indenture may include a clause requiring, specifying or limiting the kind, amount and character of insurance to be maintained by the board on any...
  • Section 50730.
    An indenture may include a clause providing the events of default and the terms and conditions upon which any or all of the bonds then...
  • Section 50731.
    An indenture may include a clause designating the rights, limitations, powers and duties arising upon breach by the board of any of the covenants, conditions,...
  • Section 50732.
    An indenture may include a clause prescribing a procedure by which the terms and conditions of the indenture may be subsequently amended or modified with...
  • Section 50733.
    The indenture may include a clause providing for such other acts and matters as may be necessary or convenient or desirable in order to secure...
  • Section 50734.
    The board may designate a bank or trust company, qualified to do business in this State, as a trustee for the holders of bonds issued...
  • Section 50735.
    The board shall fix and determine the conditions upon which any trustee shall receive, hold or disburse any or all revenues collected for or on...
  • Section 50736.
    The board may issue bonds in series or may divide any issue into one or more divisions and fix different maturities or dates of such...
  • Section 50737.
    Bonds may be issued as coupon bonds or as registered bonds. The board may provide for the interchange of coupon bonds for registered bonds and...
  • Section 50738.
    Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in...
  • Section 50739.
    Bonds may be callable upon such terms, conditions, and upon such notice as the board may determine, and upon the payment of the premium fixed...
  • Section 50740.
    The board may provide for the payment of the principal and interest of bonds at any place within or without the State of California, and...
  • Section 50741.
    The board may provide for the execution and authentication of bonds by the manual, lithographed or printed facsimile signature of officers of the board. If...
  • Section 50742.
    Bonds shall bear dates prescribed by the board. Bonds may be serial bonds or sinking fund bonds with such maturities as the board may determine....
  • Section 50743.
    The board may fix terms and conditions for the sale or other disposition of any authorized issue of bonds. The board may sell bonds at...
  • Section 50744.
    The board may provide for the security of bonds.(Added by Stats. 1957, Ch. 2066.)
  • Section 50745.
    Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the...
  • Section 50746.
    The board may provide in the proceedings for the issuance of bonds that the bonds and the interest thereon constitute such lien upon the revenues...
  • Section 50747.
    Pending the actual issuance or delivery of revenue bonds, the board may issue temporary or interim bonds, certificates or receipts of any denominations whatsoever, and...
  • Section 50748.
    All bonds, and the interest or income therefrom, are exempt from all taxation in this State other than gift, inheritance and estate taxes.(Added by Stats....
  • Section 50749.
    The bonds issued under this chapter shall be subject to investigation and certification by the State Treasurer under the Districts Securities Law (Chapter 1 (commencing...
  • Section 50750.
    The board may provide for the issuance, sale, or exhange of refunding bonds for the purpose of redeeming or retiring any revenue bonds issued by...
  • Section 50751.
    Funding or refunding bonds may be issued in a principal amount sufficient to provide funds for the payment of all bonds to be funded or...
  • Section 50752.
    All bonds issued under the provisions of this chapter are negotiable instruments, except when registered in the name of a registered owner.(Added by Stats. 1957,...
  • Section 50753.
    An action to determine the validity of bonds may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2...

Last modified: October 22, 2018