California Government Code CHAPTER 5 - Bonds and Notes

  • Section 92250.
      The commission may incur indebtedness and issue securities of any kind or class, and renew them, if all indebtedness is payable solely from revenues of...
  • Section 92251.
      (a) At times that the commission desires to issue bonds, as defined in Section 92252, it shall adopt a resolution specifying the total amount of bonds...
  • Section 92252.
      The commission may, from time to time, issue its negotiable bonds, notes, debentures, or other securities, collectively called “bonds” for any corporate purpose.The bonds may...
  • Section 92253.
      In anticipation of the sale of the bonds as authorized by Section 92250, or as may be authorized pursuant to Section 92251, the commission may...
  • Section 92254.
      Except as may be otherwise expressly provided by the commission, every issue of its bonds, notes, or other obligation shall be general obligations of the...
  • Section 92255.
      (a) The bonds may be issued as serial bonds or as term bonds, or the commission, in its discretion, may issue bonds of both types.(b) The bonds...
  • Section 92256.
      Any resolution or resolutions authorizing any bonds, or any issue of bonds, may contain provisions, which shall be a part of the contract with the...
  • Section 92257.
      Neither the members of the commission, nor any person executing the bonds or notes shall be liable personally on the bonds or notes, or be...
  • Section 92258.
      The commission may, from any funds available therefor, purchase its bonds or notes. The commission may hold, pledge, cancel, or resell the bonds, subject to...
  • Section 92259.
      (a) All bonds, notes, and commercial paper issued by the commission under this chapter shall be issued only after a public hearing on the issuance thereof...
  • Section 92260.
      (a) At the discretion of the commission, any bonds issued under this title may be secured by a trust agreement by and between the commission and...
  • Section 92261.
      (a) The trust agreement or the resolution providing for the issuance of the bonds may pledge or assign the revenues to be received or proceeds of...
  • Section 92262.
      Notwithstanding any other provision of law, the Treasurer shall not be deemed to have a conflict of interest by reason of acting as trustee pursuant...
  • Section 92263.
      All expenses incurred in carrying out the provisions of the trust agreement or resolution may be treated as a part of the cost of the...
  • Section 92264.
      Bonds issued under this title shall not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, other...
  • Section 92265.
      (a) The commission may provide for the issuance of bonds of the commission for the purpose of refunding any bond, notes, or other securities of the...
  • Section 92266.
      (a) The proceeds of any bonds issued for the purpose of refunding outstanding bonds, notes, or other securities may, in the discretion of the commission, be...
  • Section 92267.
      The proceeds of any bonds issued for the additional purpose of paying all or any part of the cost of constructing and acquiring additions, improvements,...
  • Section 92268.
      Bonds issued pursuant to Section 92265 are subject to this title in the same manner and to the same extent as other bonds issued pursuant...
  • Section 92269.
      If, in the opinion of the Treasurer, any bonds issued by the commission under this title are adequately secured and the revenues and other funds...
  • Section 92270.
      No liability shall be incurred by the commission in excess of the amount of money which has been provided under this title, except that, for...

Last modified: October 5, 2018