California Government Code ARTICLE 2 - Revenue Bonds

• Section 50715.
  The board shall issue revenue bonds in the name of the local agency. These bonds shall constitute obligations of the project only, and neither the...
• Section 50716.
  The board shall determine the time, form and manner of the issuance of revenue bonds.(Added by Stats. 1957, Ch. 2066.)
• Section 50717.
  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 50718.
  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 50719.
  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 50720.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to continuously operate all improvements acquired, constructed, or completed, in...
• Section 50721.
  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 50722.
  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 50723.
  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 50724.
  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 50725.
  An indenture may include a clause relating to the bonds issued thereunder requiring the board to fix, prescribe and collect fees, rates, tolls, rentals or...
• Section 50726.
  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 50727.
  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 50728.
  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 50729.
  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 50730.
  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 50731.
  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 50732.
  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 50733.
  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 50734.
  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 50735.
  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 50736.
  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 50737.
  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 50738.
  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 50739.
  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 50740.
  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 50741.
  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 50742.
  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 50743.
  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 50744.
  The board may provide for the security of bonds.(Added by Stats. 1957, Ch. 2066.)
• Section 50745.
  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 50746.
  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 50747.
  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 50748.
  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 50749.
  The bonds issued under this chapter shall be subject to investigation and certification by the State Treasurer under the Districts Securities Law (Chapter 1 (commencing...
• Section 50750.
  The board may provide for the issuance, sale, or exhange of refunding bonds for the purpose of redeeming or retiring any revenue bonds issued by...
• Section 50751.
  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 50752.
  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. 1957,...
• Section 50753.
  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