California Government Code ARTICLE 13 - Collateralized Borrowing

• Section 53595.
  As used in this article:(a) “Debt instruments” means bonds, notes, certificates of participation, or other evidences of indebtedness issued by a local agency pursuant to this...
• Section 53595.5.
  This article shall apply only to local agencies located within a county with a population of over 4,000,000 persons.(Added by Stats. 1993, Ch. 902, Sec....
• Section 53595.10.
  A local agency may pledge, sell, transfer, assign, or otherwise dispose of tax increment revenues for any purpose for which the general funds of the...
• Section 53595.15.
  (a) A pledge by a local agency of tax increment revenues received pursuant to a tax increment agreement shall be valid and binding upon the local...
• Section 53595.20.
  (a) A local agency may, from time to time, issue its negotiable debt instruments payable from, secured by, collateralized by, or representing interests in, tax increment...
• Section 53595.25.
  (a) A local agency may provide for the issuance of debt instruments for the purpose of refunding any debt instruments or any class, series, or issue...
• Section 53595.30.
  (a) All moneys received pursuant to this article and pledged to the payment of any class, series, or issue of debt instruments, whether as tax increment...
• Section 53595.35.
  (a) In the discretion of the legislative body of a local agency, any debt instruments issued under this article may be secured by an indenture by...
• Section 53595.40.
  (a) Debt instruments issued under this article shall be payable solely from the tax increment revenues herein provided and not from any other assets or revenues...
• Section 53595.45.
  (a) Debt instruments issued by a local agency under this article are hereby made securities in which all (1) banks, bankers, savings banks, trust companies, and...
• Section 53595.50.a.
  Any debt instruments issued under this article, their transfer, and in the income therefrom shall at all times be free from taxation of every kind...
• Section 53595.55.
  This article shall be deemed to provide a complete, additional, and alternative method for doing the things authorized hereby and shall be regarded as supplemental...

Last modified: October 22, 2018