California Public Utilities Code CHAPTER 3 - Bonds

• Section 60150.
  (a) As part of the ballot proposition to approve the imposition of a retail transactions and use tax, authorization may be sought to issue bonds to...
• Section 60151.
  (a) The bonds authorized by the voters concurrently with the approval of the retail transactions and use tax may be issued at any time by the...
• Section 60152.
  Limited tax bonds shall be issued pursuant to a resolution adopted at any time by a two-thirds vote of the district. Each resolution shall provide...
• Section 60153.
  (a) A resolution authorizing the issuance of bonds shall state all of the following:(1) The purposes for which the proposed debt is to be incurred, which may...
• Section 60154.
  The bonds shall bear interest at a rate or rates not exceeding the maximum allowable by law, payable at intervals determined by the commission.(Added by...
• Section 60155.
  In the resolution authorizing the issuance of the bonds, the district may also provide for the call and redemption of the bonds prior to maturity...
• Section 60156.
  The principal of, and interest on, the bonds shall be payable in lawful money of the United States at the office of the treasurer of...
• Section 60157.
  The bonds, or each series thereof, shall be dated and numbered consecutively and shall be signed by the chairperson or vice chairperson of the district...
• Section 60158.
  The bonds may be sold as the district determines by resolution, and the bonds may be sold at a price below par, whether by negotiated...
• Section 60159.
  Delivery of any bonds may be made at any place either inside or outside the state, and the purchase price may be received in cash...
• Section 60160.
  All accrued interest and premiums received on the sale of the bonds shall be placed in the fund to be used for the payment of...
• Section 60161.
  (a) The district may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the district upon the...
• Section 60162.
  (a) The district may borrow money in anticipation of the sale of bonds which have been authorized pursuant to this chapter, but which have not been...
• Section 60163.
  Any bonds issued under this chapter are legal investment for all trust funds; for the funds of insurance companies, commercial and savings banks, and trust...
• Section 60164.
  Any action or proceedings wherein the validity of the adoption of the retail transactions and use tax ordinance provided for in this chapter or the...

Last modified: October 22, 2018