California Government Code ARTICLE 2 - Revenue Bonds

• Section 26415.
  The board shall issue revenue bonds in the name of the county. These bonds shall constitute obligations of the project only, and neither the payment...
• Section 26416.
  The board shall determine the time, form and manner of the issuance of revenue bonds.(Added by Stats. 1947, Ch. 822.)
• Section 26417.
  The board may enter into indentures providing for the aggregate principal amount, date, or dates, maturities, interest rate, denominations, form, registration transfer and interchange of...
• Section 26418.
  An indenture pursuant to which bonds are issued may include such covenants and agreements on the part of the board as the board deems necessary...
• Section 26419.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay or cause to be paid punctually the principal...
• Section 26420.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to continuously operate all projects acquired, constructed, or completed, in...
• Section 26421.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to make all needful and necessary repairs, renewals and replacements...
• Section 26422.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to preserve and protect the security of the bonds and...
• Section 26423.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to pay and discharge or cause to be paid and...
• Section 26424.
  An indenture may include a clause relating to the bonds issued thereunder which limits, restricts, or prohibits any right, power or privilege of the board...
• Section 26425.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to fix, prescribe and collect fees, tolls, rentals or other...
• Section 26426.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to hold in trust the revenues pledged to the payment...
• Section 26427.
  An indenture may include a clause limiting the power of the board to apply the proceeds of the sale of any issue of bonds for...
• Section 26428.
  An indenture may include a clause limiting the power of the board to issue additional bonds for the purpose of acquiring, constructing or completing any...
• Section 26429.
  An indenture may include a clause requiring, specifying or limiting the kind, amount and character of insurance to be maintained by the board on any...
• Section 26430.
  An indenture may include a clause providing the events of default and the terms and conditions upon which any or all of the bonds then...
• Section 26431.
  An indenture may include a clause designating the rights, limitations, powers and duties arising upon breach by the board of any of the covenants, conditions,...
• Section 26432.
  An indenture may include a clause prescribing a procedure by which the terms and conditions of the indenture may be subsequently amended or modified with...
• Section 26433.
  The indenture may include a clause providing for such other acts and matters as may be necessary or convenient or desirable in order to secure...
• Section 26434.
  The board may designate a bank or trust company, qualified to do business in this State, as a trustee for the holders of bonds issued...
• Section 26435.
  The board shall fix and determine the conditions upon which any trustee shall receive, hold or disburse any or all revenues collected for or on...
• Section 26436.
  The board may issue bonds in series or may divide any issue into one or more divisions and fix different maturities or dates of such...
• Section 26437.
  Bonds may be issued as coupon bonds or as registered bonds. The board may provide for the interchange of coupon bonds for registered bonds and...
• Section 26438.
  Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in...
• Section 26439.
  Bonds may be callable upon such terms, conditions, and upon such notice as the board may determine, and upon the payment of the premium fixed...
• Section 26440.
  The board may provide for the payment of the principal and interest of bonds at any place within or without the State of California, and...
• Section 26441.
  The board may provide for the execution and authentication of bonds by the manual, lithographed or printed facsimile signature of officers of the board. If...
• Section 26442.
  Bonds shall bear dates prescribed by the board. Bonds may be serial bonds or sinking fund bonds with such maturities as the board may determine....
• Section 26443.
  The board may fix terms and conditions for the sale or other disposition of any authorized issue of bonds. The board may sell bonds at...
• Section 26444.
  The board may provide for the security of the bonds.(Added by Stats. 1947, Ch. 822.)
• Section 26445.
  Interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project for the...
• Section 26446.
  The board may provide in the proceedings for the issuance of bonds that the bonds and the interest thereon constitute such lien upon the revenues...
• Section 26447.
  Pending the actual issuance or delivery of revenue bonds, the board may issue temporary or interim bonds, certificates or receipts of any denominations whatsoever, and...
• Section 26448.
  All bonds, and the interest or income therefrom, are exempt from all taxation in this State other than gift, inheritance and estate taxes.(Added by Stats....
• Section 26449.
  All bonds issued under this chapter shall be legal investments for both public and private funds.(Added by Stats. 1947, Ch. 822.)
• Section 26450.
  The board may provide for the issuance, sale, or exchange of refunding bonds for the purpose of redeeming or retiring any revenue bonds issued by...
• Section 26451.
  Funding or refunding bonds may be issued in a principal amount sufficient to provide funds for the payment of all bonds to be funded or...
• Section 26452.
  All bonds issued under the provisions of this chapter are negotiable instruments, except when registered in the name of a registered owner.(Added by Stats. 1947,...
• Section 26453.
  An action to determine the validity of bonds may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2...

Last modified: October 22, 2018