California Government Code ARTICLE 18 - Bond Plans

  • Section 59640.
    Serial bonds shall be issued to represent the unpaid reassessments, including unpaid reassessments on tax-deeded land, pursuant to Bond Plan A, B, or C. The...
  • Section 59641.
    Under Bond Plan A, a bond shall be issued to represent each of the assessments remaining unpaid and shall be entitled “Refunding Bond. Bond Plan...
  • Section 59642.
    Under Bond Plan B or C bonds shall be issued to represent and be secured by the unpaid assessments upon the reassessment.(Added by Stats. 1951,...
  • Section 59643.
    Bond Plan B bonds shall be:(a) Issued in the manner and form provided in the Improvement Bond Act of 1915.(b) Entitled “Refunding Bond. Bond Plan B.”(c) Substantially in...
  • Section 59644.
    Bond Plan C bonds shall be:(a) Issued in the manner and form provided in the Refunding Assessment Bond Act of 1935.(b) Entitled “Refunding Bond. Bond Plan C.”(c) Substantially...
  • Section 59645.
    Any appropriate changes may be made in the wording of the bonds necessary to make them conform to this chapter and the proceedings taken pursuant...
  • Section 59646.
    Bond Plan A bonds shall be payable to the person to whom they issue, or order.(Added by Stats. 1951, Ch. 331.)
  • Section 59647.
    Bond Plan A bonds shall be for the term and bear interest at the rate specified in the resolution of final confirmation.(Added by Stats. 1951,...
  • Section 59648.
    Bond Plan A bonds shall have annual coupons attached to them payable in annual order on January 2d of each year after the October 15th...
  • Section 59649.
    Bond Plan A bonds shall also have semiannual interest coupons attached to them and payable as in the case of bonds issued pursuant to the...
  • Section 59650.
    The bonds issued under Bond Plans A, B, or C may be redeemed or canceled, have the effect, shall be enforced, paid, and subject to...
  • Section 59651.
    Bond Plan A bonds may be issued for a period of not to exceed 29 years from the January 2d succeeding the October 15th following...
  • Section 59652.
    Bond Plan B or C bonds may be issued for not to exceed 29 years after July 2d following the first 10 months after their...
  • Section 59653.
    The determination of the legislative body as to the form and contents of the bonds issued under any of the plans is conclusive, except that...
  • Section 59654.
    If Bond Plan B or C is used the reassessment and curative clauses and all other bond and assessment provisions of the Improvement Bond Act...

Last modified: October 22, 2018