California Government Code ARTICLE 4 - Bonds

  • Section 26299.060.
    (a) As part of the ballot proposition to approve the imposition of a retail transactions and use tax pursuant to this chapter, authorization may be sought...
  • Section 26299.061.
    (a) The bonds authorized by the voters concurrently with the approval of the retail transactions and use tax may be issued by the agency at any...
  • Section 26299.062.
    Limited tax bonds issued under this chapter may be used only for the following purposes:(a) To finance the capital outlay expenditures for those qualifying facilities which...
  • Section 26299.063.
    Limited tax bonds shall be issued pursuant to a resolution adopted at any time, and from time to time, by a two-thirds vote of the...
  • Section 26299.064.
    (a) A resolution providing for the issuance of bonds pursuant to this chapter shall state all of the following:(1) The purposes for which the proposed debt is...
  • Section 26299.065.
    The agency may provide for the limited tax bonds to bear a variable or fixed interest rate, for the manner and intervals in which the...
  • Section 26299.066.
    (a) In the resolution authorizing the issuance of the bonds, the agency may also provide for the call and redemption of the bonds prior to maturity...
  • Section 26299.067.
    The principal of and interest on the bonds shall be payable in lawful money of the United States at the office of the treasurer of...
  • Section 26299.068.
    (a) The bonds, or each series thereof, shall be dated and numbered consecutively and shall be signed by the chairperson or vicechairperson of the agency at...
  • Section 26299.069.
    The bonds may be sold as the agency determines by resolution. The agency may sell the bonds at a price below par, whether by negotiated...
  • Section 26299.070.
    Delivery of any bonds issued pursuant to this chapter may be made at any place either inside or outside the state, and the purchase price...
  • Section 26299.071.
    All accrued interest and premiums received on the sale of the bonds shall be placed in the fund to be used for the payment of...
  • Section 26299.072.
    (a) The agency may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the agency upon the...
  • Section 26299.073.
    Refunding bonds may be issued in a principal amount sufficient to pay all, or any part of, the principal of the outstanding bonds, the premiums,...
  • Section 26299.074.
    (a) The agency may borrow money in anticipation of the sale of bonds which have been authorized pursuant to this chapter, but which have not been...
  • Section 26299.075.
    Any limited tax bonds issued pursuant to this chapter are a legal investment for all trust funds; for the funds of insurance companies, commercial and...
  • Section 26299.076.
    Notwithstanding any other provision of law:(a) The agency and its revenues are exempt from all taxes on, or measured by, income.(b) Bonds issued by the agency are...
  • Section 26299.077.
    (a) Bonds issued pursuant to this chapter do not constitute a debt or liability of the state or of any other public agency, other than the...
  • Section 26299.078.
    Neither the members of the board of directors of the agency, nor any person executing the bonds, are liable personally on the bonds, or are...
  • Section 26299.079.
    Any action or proceeding wherein the validity of the adoption of the retail transactions and use tax ordinance provided for in this chapter or the...
  • Section 26299.080.
    The county and each city within the county is authorized to contribute to the agency such amounts as the county and each city, in their...
  • Section 26299.081.
    The agency has no power to impose any tax other than the transactions and use tax imposed upon approval of the voters in accordance with...
  • Section 26299.082.
    It is the intent of the Legislature in enacting this chapter to ensure that counties are not deprived of state funds which might be made...
  • Section 26299.083.
    If any provision of this chapter or the application thereof to any person or circumstance is held invalid, that invalidity shall not affect other provisions...

Last modified: October 22, 2018