California Health and Safety Code ARTICLE 5 - Bonds

  • Section 34350.
    An authority shall have the following powers:(a)  To issue bonds for any of its corporate purposes. (b)  To sell or otherwise dispose of any mortgage...
  • Section 34350.2.
    A housing authority may not issue bonds pursuant to Section 34312.4 unless it has received an allocation of qualified mortgage bonds pursuant to Section 50193,...
  • Section 34350.5.
    The exercise of any or all powers granted by this chapter shall be authorized and the bonds shall be authorized to be issued under this...
  • Section 34351.
    An authority may issue such types of bonds as it determines, including bonds on which the principal and interest are payable:(a)  Exclusively from the income...
  • Section 34352.
    (a)  Any of the bonds may be additionally secured by a pledge of any revenues or a mortgage of any housing project or other property...
  • Section 34353.
    Neither the commissioners of an authority nor any person executing the bonds are liable personally on the bonds or subject to any personal liability or...
  • Section 34354.
    By resolution, an authority may authorize the issuance of its bonds which may be taxable or nontaxable. The resolution, its trust indenture, or mortgage may...
  • Section 34354.5.
    Notwithstanding Section 34354 or any other provision of law, the rate of interest on any indebtedness or obligation of a housing authority which is payable...
  • Section 34355.
    The bonds may be sold at public or private sale in such manner and upon such terms as may be provided in the resolution authorizing...
  • Section 34356.
    The bonds shall bear the manual or facsimile signatures of such authority commissioner or officer as may be designated in the resolution authorizing the bonds...
  • Section 34357.
    In any proceedings involving the validity or enforceability of any bond or its security, any such bond reciting in substance that it has been issued...
  • Section 34358.
    In connection with the issuance of bonds or the incurring of obligations in acquiring, developing, or leasing real property and in order to secure the...
  • Section 34359.
    An authority may:(a)  Pledge all or any part of its gross or net rents, fees, or revenues to which its right then exists or may...
  • Section 34360.
    An authority may:(a)  Covenant against pledging all or part of its rents, fees, and revenues, against mortgaging all or part of its real or personal...
  • Section 34361.
    An authority may:(a)  Covenant as to the rents and fees to be charged in the operation of a housing project, the amount to be raised...
  • Section 34362.
    An authority may prescribe procedure by which the terms of any contract with bondholders may be amended or abrogated, the amount of bonds whose holders...
  • Section 34363.
    An authority may:(a)  Covenant as to the use of any or all of its real or personal property. (b)  Covenant as to the maintenance of...
  • Section 34364.
    An authority may:(a)  Appoint one or more banks or trust companies within or outside the state having the necessary trust powers as trustee, custodian, or...
  • Section 34365.
    An authority may exercise all or any part or combination of the powers granted in Sections 34359 to 34364, inclusive, and make covenants other than...
  • Section 34366.
    Any authority may submit to the Attorney General any bonds to be issued pursuant to this chapter after all proceedings for their issuance have been...
  • Section 34366.5.
    An action may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure...
  • Section 34367.
    Subject only to any contractual restrictions binding upon him, an obligee may:(a)  By proper proceeding compel the authority and its commissioners, officers, agents, or employees...
  • Section 34368.
    By its resolution, trust indenture, mortgage, lease, or other contract an authority may confer upon any obligee holding or representing a specified amount in bonds,...
  • Section 34369.
    Notwithstanding any restrictions on investments contained in any laws of this state, the state, all public officers, municipal corporations, political subdivisions, and public bodies, all...
  • Section 34370.
    It is the purpose of Section 34369 to authorize any person, political subdivision, body, or officer, public or private, to use any funds owned or...
  • Section 34371.
    Insofar as the provisions of Sections 34369 and 34370 are inconsistent with the provisions of any other law, the provisions of the sections are controlling.(Added...
  • Section 34372.
    An authority may provide for the issuance of bonds of the authority for the purpose of refunding any bonds of the authority then outstanding, including...
  • Section 34373.
    An authority which has issued bonds pursuant to this chapter or any trustee or custodian on behalf of the authority may invest any funds held...
  • Section 34374.
    Investments under Section 34373 may include mortgage obligations on single-family dwellings purchased from a state or federally chartered savings and loan association pursuant to a...
  • Section 34375.
    All moneys received pursuant to the provisions of this chapter, whether revenues or proceeds from the sale of bonds or proceeds of insurance or guarantee...

Last modified: October 22, 2018