California Water Code ARTICLE 2.5 - Guarantees for Local Agency Bonds

• Section 13425.
  Applications for guarantees for local agency bonds under this chapter shall include:(a) A description of the proposed facilities.(b) A financing plan for the proposed facilities, including the...
• Section 13426.
  The state board, subject to approval by the Director of Finance, may agree to provide a guarantee pursuant to this article for all or a...
• Section 13427.
  No guarantee shall be extended to any applicant unless it executes an agreement with the state board under which the applicant agrees to the following...
• Section 13428.
  Notwithstanding Section 13340 of the Government Code, the money in the Clean Water Bond Guarantee Fund, which is hereby created, is continuously appropriated to the...
• Section 13429.
  Money in the Clean Water Bond Guarantee Fund not needed for making payments on guaranteed bonds pursuant to this chapter shall be invested pursuant to...
• Section 13430.
  The state board’s authorization to guarantee bonds under this article shall be limited to bonds with a total principal amount of not more than 10...
• Section 13431.
  Under no circumstances shall the amount paid out as a result of bond guarantees extended pursuant to this article exceed the amount in the Clean...
• Section 13432.
  The state board may charge an annual fee not to exceed one-tenth of 1 percent of the principal amount of each bond issue that it...
• Section 13433.
  The state board shall, by regulation, prescribe rules and procedures for all of the following:(a) To pay money from the Clean Water Bond Guarantee Fund to...

Last modified: October 22, 2018