California Health and Safety Code CHAPTER 9 - General Obligation Bonds

• Section 13925.
  Whenever a district board determines that it is necessary to incur a general obligation bonded indebtedness for the acquisition or construction of any real property...
• Section 13926.
  The resolution shall state:(a)  The purpose for which the proposed debt is to be incurred, which may include expenses for the authorization, issuance, and sale...
• Section 13927.
  The election shall be conducted pursuant to the Uniform District Election Law, Part 4 (commencing with Section 10500) of Division 10 of the Elections Code.(Amended...
• Section 13928.
  If two-thirds of voters voting upon the proposition favor incurring the indebtedness and issuing the bonds, the district board may adopt resolutions to issue bonds...
• Section 13929.
  The district board may provide for the issuance of bonds in any amounts, in any series, and on any terms, provided that they do not...
• Section 13930.
  The district board shall adopt a resolution prescribing the form and denomination of the bonds and any coupons. The resolution shall specify the dates on...
• Section 13931.
  The district board may provide for the call and redemption of bonds before their maturity at times and prices and upon any other terms as...
• Section 13932.
  The principal and interest of the bonds shall be payable in lawful money of the United States at the office of the district treasurer or...
• Section 13933.
  (a)  The bonds shall be dated, numbered consecutively, and be signed by the president of the district board and the district treasurer. The district treasurer...
• Section 13934.
  (a)  Before selling the bonds or coupons, the district board shall give notice inviting sealed bids. At a minimum, the district board shall publish notice...
• Section 13935.
  (a)  All premiums and accrued interest received from the sale of the bonds shall be deposited with the district treasurer in a special bond service...
• Section 13936.
  Any general obligation bonds issued by a district have the same force, value, and use as bonds issued by a city and the bonds and...
• Section 13937.
  A district shall not incur a bonded indebtedness in excess of 10 percent of the assessed value of all taxable property within the district.(Repealed and...
• Section 13938.
  (a)  After incurring a general obligation indebtedness, and annually thereafter until the indebtedness is paid or until there is a sum in the district treasury...

Last modified: October 22, 2018