{"code":"GOV","codeName":"Government Code","section":"53387","citation":"Gov. Code, § 53387","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 5. LOCAL AGENCIES [50001. - 57607.]","url":"https://blackletter.si/government-code/title-5"},{"name":"DIVISION 2. CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 55821.]","url":"https://blackletter.si/government-code/title-5/division-2"},{"name":"PART 1. POWERS AND DUTIES COMMON TO CITIES, COUNTIES, AND OTHER AGENCIES [53000. - 54999.7.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1"},{"name":"CHAPTER 2.7. Community Rehabilitation District Law [53370. - 53394.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-2.7"},{"name":"ARTICLE 5. Senior Obligation Bonds [53387. - 53391.]","url":"https://blackletter.si/government-code/title-5/division-2/part-1/chapter-2.7/article-5"}],"history":"Added by Stats. 1985, Ch. 906, Sec. 1.","effective":null,"html":"<p>The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue those bonds.</p>","text":"The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue those bonds.","otherVersions":[],"url":"https://blackletter.si/government-code/senior-obligation-bonds-53387","source":"California Legislative Information bulk export (pubinfo)"}