{"code":"PUC","codeName":"Public Utilities Code","section":"99692.5","citation":"Pub. Util. Code, § 99692.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 11.5. CLEAN AIR AND TRANSPORTATION IMPROVEMENT ACT OF 1990 [99600. - 99696.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11.5"},{"name":"CHAPTER 6. Bonds [99690. - 99696.]","url":"https://blackletter.si/public-utilities-code/division-10/part-11.5/chapter-6"}],"history":"Added June 5, 1990, by initiative Proposition 116.","effective":null,"html":"<p>The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out this part, and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to carry out those purposes progressively, and it is not necessary that all of the bonds authorized to be issued be sold at any one time.</p>","text":"The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out this part, and, if so, the amount of bonds to be issued and sold. Successive issues of bonds may be authorized and sold to carry out those purposes progressively, and it is not necessary that all of the bonds authorized to be issued be sold at any one time.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/bonds-99692-5","source":"California Legislative Information bulk export (pubinfo)"}