California Health and Safety Code PART 2 - BONDS

• Section 55100.
  The local agency may, from time to time, issue its bonds in the principal amount as the local agency shall determine to be necessary to...
• Section 55101.
  The bonds shall be authorized by resolution or resolutions of the legislative body of the local agency, shall bear such date or dates, and shall...
• Section 55102.
  The local agency may, from time to time, issue (1)  bonds to renew bonds and (2)  other bond obligations to pay bonds including the interest...
• Section 55103.
  Any resolution or resolutions authorizing any bonds or issue thereof may contain provisions, which shall be a part of the contract or contracts with the...
• Section 55104.
  Any resolution or resolutions authorizing any bonds or issue thereof shall specify the extent to which revenues resulting from financing provided with proceeds of the...
• Section 55105.
  Any pledge made by the local agency shall be valid and binding from the time when the pledge is made. The revenues, moneys, or property...
• Section 55106.
  Bond underwriters and consultants may be selected by the local agency.(Added by Stats. 1982, Ch. 1602, Sec. 1.)
• Section 55107.
  Neither the members of the legislative body of the local agency, nor any official or employee thereof, nor any other person executing the bonds shall...
• Section 55108.
  Any resolution authorizing any bonds or issue thereof may designate a trustee for the local agency and holders of its bonds, and shall in such...
• Section 55109.
  The trustee acting on behalf of bondholders shall have and possess all the powers necessary or convenient for the exercise of any functions specifically set...
• Section 55110.
  Whether or not the bonds are of the form and character as to be negotiable instruments under, or subject to, the terms of the California...
• Section 55111.
  In the event any person whose signature appears on the bonds ceases to hold office prior to delivery of the bonds, the signature shall nevertheless...
• Section 55112.
  The local agency may create one or more bond reserve accounts to secure payments of the principal of, and interest and sinking fund payments on,...
• Section 55113.
  The local agency may provide for the issuance of refunding bonds for the purpose of refunding any bonds then outstanding which have been issued under...
• Section 55114.
  Refunding bonds may be sold or exchanged for outstanding bonds issued under this part and, if sold, the proceeds thereof may be applied, in addition...
• Section 55115.
  The state does hereby pledge to and agree with the holders of any bonds issued under this part that the state will not limit or...
• Section 55116.
  All bonds issued pursuant to this division shall be limited obligations of the local agency issuing the same, payable solely out of the revenues and...
• Section 55117.
  The bonds shall be legal investments in which all public officers and public bodies of this state, its political subdivisions, all municipalities and municipal subdivisions,...

Last modified: October 22, 2018