California Public Utilities Code CHAPTER 6 - Bonds

  • Section 180250.
    (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 180250.5.
    Notwithstanding any other provision of law, if the imposition of a retail transactions and use tax, together with the establishment of an appropriations limit of...
  • Section 180251.
    (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 180252.
    Limited tax bonds shall be issued pursuant to a resolution adopted at any time by a two-thirds vote of the authority. Each resolution shall provide...
  • Section 180253.
    (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 180254.
    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 180255.
    In the resolution authorizing the issuance of the bonds, the authority may also provide for the call and redemption of the bonds prior to maturity...
  • Section 180256.
    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 180257.
    The bonds, or each series thereof, shall be dated and numbered consecutively and shall be signed by the chairperson or vice chairperson of the authority...
  • Section 180258.
    The bonds may be sold as the authority determines by resolution, and the bonds may be sold at a price below par, whether by negotiated...
  • Section 180259.
    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 180260.
    All accrued interest received on the sale of the bonds shall be placed in the fund to be used for the payment of the principal...
  • Section 180261.
    (a) The authority may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the authority upon the...
  • Section 180262.
    (a) The authority may borrow money in anticipation of the sale of bonds which have been authorized pursuant to this chapter, but which have not been...
  • Section 180263.
    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 180264.
    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