California Government Code ARTICLE 4.5 - General Obligation Bonds

• Section 53506.
  (a) This article is full authority for the issuance of bonds or refunding bonds by any city, county, city and county, school district, community college district,...
• Section 53506.5.
  This article shall be liberally construed to promote its objectives. If inconsistent with any other law, this article shall be controlling.(Added by Stats. 1993, Ch....
• Section 53507.
  As used in this article, the following terms shall have the meanings assigned to them in this section.(a) “Bonds” means bonds, notes, warrants, or other evidence...
• Section 53507.5.
  (a) The legislative body may, by resolution, provide for the issuance of bonds pursuant to this article.(b) The resolution shall state that the bonds are being issued...
• Section 53508.
  The resolution authorizing any bonds or any issue of bonds may provide for any of the following:(a) The form of the bonds to be issued as...
• Section 53508.3.
  (a) No bond shall be subject to mandatory tender for purchase or redemption prior to its fixed maturity date unless it contains a recital to that...
• Section 53508.5.
  Notwithstanding any other law and except as provided in Section 53508.6, a school district or community college district that intends to issue bonds that allow...
• Section 53508.6.
  Notwithstanding any other law, a school district or community college district may, pursuant to this article, issue bonds that do not allow for the compounding...
• Section 53508.7.
  (a) The bonds shall be sold at a public or private sale and at a price at, above, or below par, as the legislative body determines.(b) Any...
• Section 53508.9.
  (a) Notwithstanding Section 53508.7, a local agency may sell bonds at a negotiated sale for a price at, above, or below par value, as authorized by...
• Section 53509.
  (a) Any bond issued under the authority of this article may be refunded pursuant to this or any other applicable law. Any bond may be refunded...
• Section 53509.3.
  Nothing in this article shall limit the authority of the legislative body to enter into any contract in connection with the issuance of the bonds...
• Section 53509.5.
  After the sale of bonds issued under the authority of this article, the legislative body shall do both of the following:(a) Present actual cost information for...

Last modified: October 22, 2018