ARTICLE 7.4. Securitized Limited Obligations Notes

Article 7.4 added by Stats. 2004, Ch. 114, Sec. 1.

§§ 53835–53839 · 5 sections

• § 53835 As used in this article, “special district” means any agency of the state for the local performance of governmental or proprietary functions within limited…
• § 53836 The powers conferred by this article are in addition to and alternative to any powers conferred by any other law for borrowing by a special district and any…
• § 53837 (a) A special district may borrow money pursuant to this article, the indebtedness to be represented by a securitized limited obligation note or notes issued…
• § 53838 (a) A special district may issue securitized limited obligation notes after the adoption, by a four-fifths vote of all the members of the governing body, of a…
• § 53839 A special district shall not issue any securitized limited obligation notes after December 31, 2024, unless a later enacted statute that is enacted before…