California Education Code ARTICLE 5 - Bonds

• Section 19720.
  The board of trustees of any library district may, when in their judgment it is deemed advisable, and shall upon a petition of 50 or...
• Section 19721.
  The election shall be called by posting notices, signed by the board, in three of the most public places in the district, for not less...
• Section 19722.
  The notice shall contain:(a) Time and place of holding the election.(b) The names of inspectors and judges to conduct the election.(c) The hours during the day in which...
• Section 19723.
  The election shall be conducted in accordance with the provisions relating to the election of trustees, insofar as they are applicable to the election for...
• Section 19724.
  Voting shall be by ballot, without reference to the general election law in regard to form of ballot, or manner of voting, except that the...
• Section 19725.
  On the seventh day after the election, at 8 o'clock p.m., the returns having been made to the board of trustees, the board shall meet...
• Section 19726.
  The money shall be raised by taxation upon the taxable property in the district, for the redemption of the bonds and the payment of the...
• Section 19727.
  The total amount of bonds issued shall not exceed 5 percent of the taxable property of the district, as shown by the last equalized assessment...
• Section 19728.
  The board of supervisors by an order entered upon its minutes shall prescribe the form of the bonds and of the interest coupons attached thereto,...
• Section 19729.
  The bonds shall not bear a greater amount of interest than 6 percent, to be payable annually or semiannually. The bonds shall be sold in...
• Section 19730.
  The board of supervisors, at the time of making the levy of taxes for county purposes, shall levy a tax for that year upon the...
• Section 19731.
  All money levied, when collected, shall be paid into the county treasury to the credit of the library district, and shall be used for the...
• Section 19732.
  Whenever any bonds issued under this article remain unsold for the period of six months after having been offered for sale in the manner prescribed...
• Section 19733.
  Upon receiving the petition, signed by a majority of the members of the board of trustees, the supervisors shall fix a time for hearing the...
• Section 19734.
  At the time and place designated in the notice for hearing the petition, or at any subsequent time to which the hearing is postponed, the...

Last modified: October 22, 2018