California Public Resources Code ARTICLE 11 - General Obligation Bonds

  • Section 5790.
    (a) Whenever a board of directors determines that it is necessary to incur a general obligation bonded indebtedness for the acquisition or improvement of real property...
  • Section 5790.1.
    The resolution shall state:(a) The purpose for which the proposed debt is to be incurred, which may include expenses for the authorization, issuance, and sale of...
  • Section 5790.3.
    (a) The election shall be conducted pursuant to the Uniform District Election Law, Part 4 (commencing with Section 10500) of Division 10 of the Elections Code.(b) If...
  • Section 5790.5.
    (a) The board of directors may provide for the issuance of bonds in any amounts, in any series, and on any terms, provided that they do...
  • Section 5790.7.
    (a) Before selling the bonds, the board of directors shall give notice inviting sealed bids. At a minimum, the board of directors shall publish notice...
  • Section 5790.9.
    Any general obligation bonds issued by a district shall have the same force, value, and use as bonds issued by a city and the bonds...
  • Section 5790.11.
    (a) All premiums and accrued interest received from the sale of the bonds shall be deposited with the treasurer in a special bond service fund to...
  • Section 5790.13.
    For any bond approved by the voters on or after January 1, 2001, the treasurer shall file the annual report required pursuant to Article 1.5...
  • Section 5790.15.
    (a) After incurring a general obligation indebtedness, and annually thereafter until the indebtedness is paid or until there is a sum in the district treasury in...
  • Section 5790.17.
    If a district dissolves after incurring a general obligation indebtedness, the property in the territory that constituted the district at the time of its dissolution...

Last modified: October 22, 2018