ARTICLE 4.5. General Obligation Bonds
Article 4.5 added by Stats. 1993, Ch. 841, Sec. 1.
§§ 53506–53509.5 · 13 sections
- § 53506 (a) This article is full authority for the issuance of bonds or refunding bonds by any city, county, city and county, school district, community college…
- § 53506.5 This article shall be liberally construed to promote its objectives. If inconsistent with any other law, this article shall be controlling.
- § 53507 As used in this article, the following terms shall have the meanings assigned to them in this section. (a) “Bonds” means bonds, notes, warrants, or other…
- § 53507.5 (a) The legislative body may, by resolution, provide for the issuance of bonds pursuant to this article. (b) The resolution shall state that the bonds are…
- § 53508 The resolution authorizing any bonds or any issue of bonds may provide for any of the following: (a) The form of the bonds to be issued as serial bonds, or…
- § 53508.3 (a) No bond shall be subject to mandatory tender for purchase or redemption prior to its fixed maturity date unless it contains a recital to that effect. (b)…
- § 53508.5 Notwithstanding any other law and except as provided in Section 53508.6, a school district or community college district that intends to issue bonds that allow…
- § 53508.6 Notwithstanding any other law, a school district or community college district may, pursuant to this article, issue bonds that do not allow for the compounding…
- § 53508.7 (a) The bonds shall be sold at a public or private sale and at a price at, above, or below par, as the legislative body determines. (b) Any bonds sold at a…
- § 53508.9 (a) Notwithstanding Section 53508.7, a local agency may sell bonds at a negotiated sale for a price at, above, or below par value, as authorized by the…
- § 53509 (a) Any bond issued under the authority of this article may be refunded pursuant to this or any other applicable law. Any bond may be refunded pursuant to this…
- § 53509.3 Nothing in this article shall limit the authority of the legislative body to enter into any contract in connection with the issuance of the bonds which it is…
- § 53509.5 After the sale of bonds issued under the authority of this article, the legislative body shall do both of the following: (a) Present actual cost information…