ARTICLE 3. Bonds [62580. - 62586.]

Article 3 added by Stats. 2024, Ch. 767, Sec. 1.

§§ 62580–62586 · 7 sections

• § 62580 The authority board may, by majority vote, initiate proceedings to issue general obligation bonds pursuant to this chapter by adopting a resolution stating its…
• § 62581 (a) The authority may incur or refund general obligation bonded indebtedness, secured by the levy of ad valorem property taxes, pursuant to Article XIIIA of…
• § 62582 (a) (1) For purposes of this section, “authority revenues” includes, without limitation, revenues generated by any of the following: (A) Any special tax, fee,…
• § 62583 (a) The authority or any person executing the bonds issued pursuant to this title shall not be personally liable on the bonds by reason of their issuance. (b)…
• § 62584 (a) Every two years after the issuance of bonds pursuant to this section, the authority shall contract for an independent financial and performance audit. The…
• § 62585 Bonds issued pursuant to this article are fully negotiable.
• § 62586 Any action to determine the validity or adoption of any tax, fee, or other charge provided for in, or the validity of bonds issued pursuant to, this title, or…