California Streets and Highways Code CHAPTER 17 - Revenue Bonds

  • Section 25400.
    The board of directors of the district may cause revenue bonds to be issued upon the security of the anticipated unpaid installments of any levies...
  • Section 25401.
    All revenue bonds shall be payable out of a fund of the district designated “Joint Highway District No. ____ of the State of California Revenue...
  • Section 25402.
    The board of directors shall prescribe the denominations of the revenue bonds which shall mature serially in convenient amounts not necessarily equal. Revenue bonds shall...
  • Section 25403.
    Revenue bonds shall be in substantially the following form (filling in blanks as appropriate): REVENUE BONDJoint Highway District No. ______ of the State of California$_______ Bond...
  • Section 25404.
    Revenue bonds shall be dated as of the date of the resolution or order of the board of directors authorizing their issuance. The board of...
  • Section 25405.
    Any number of series of revenue bonds may be issued under this part for any portion of a single or different projects in the district.(Added...
  • Section 25406.
    All revenue bonds shall be signed by the treasurer of the district, attested by the secretary of the board of directors thereof and shall have...
  • Section 25407.
    The principal and interest of all revenue bonds shall be payable in lawful money of the United States of America at the office of the...
  • Section 25408.
    The revenue bonds shall be issued and sold by the board of directors at such times and manner and in such amounts as may be...
  • Section 25409.
    The board of directors shall levy a tax annually within the district sufficient to meet the principal and interest of all outstanding revenue bonds coming...
  • Section 25410.
    The treasurer of the district shall annually determine the amount of money necessary to be raised for the payment of principal and interest coming due...

Last modified: October 22, 2018