California Government Code CHAPTER 6.6 - Bonds

  • Section 54773.
    This chapter shall be known and may be cited as the Teeter Plan Bond Law of 1994.(Added by Stats. 1994, Ch. 293, Sec. 2. Effective...
  • Section 54773.1.
    The Legislature finds and declares all of the following:(a) There is a need within the state to finance the alternative method of distribution of tax levies...
  • Section 54774.
    The definitions in this section shall govern the construction and interpretation of this chapter:(a) “Bond purchase agreement” means a contractual agreement executed between the county and...
  • Section 54775.
    This chapter does not limit any other law and shall be deemed to provide a complete and supplemental method for exercising the powers authorized by...
  • Section 54776.
    The county may, from time to time, issue its bonds in an aggregate principal amount the county determines necessary to provide sufficient funds for purposes...
  • Section 54777.
    (a) The bonds may be issued as serial bonds or as term bonds, in one or more series. The bonds shall be authorized by resolution of...
  • Section 54778.
    Any resolution authorizing any bond or any issue of bonds may contain the following provisions, which shall be a part of the contract with the...
  • Section 54779.
    The county may, out of any funds available therefor, purchase its bonds. The county may hold, pledge, cancel, or resell the bonds, subject to, and...
  • Section 54780.
    Any bonds issued under this chapter may be secured by an indenture between the county and a corporate trustee or trustees, which may include any...
  • Section 54781.
    (a) The county may issue bonds for the purpose of refunding any bonds then outstanding, including the payment of any redemption premium thereon and any interest...
  • Section 54782.
    Bonds issued by the county are legal investments for all trust funds, the funds of all insurance companies, banks, both commercial and savings, trust companies,...
  • Section 54783.
    Interest earned on any bond issued by the county shall at all times be free from state personal income tax and corporate income or franchise...

Last modified: October 22, 2018