CHAPTER 2. Payment of Judgments Against Local Public Entities
Heading of Chapter 2 amended by Stats. 1975, Ch. 285.
§§ 970–978.8 · 29 sections
ARTICLE 1. General §§ 970–971.2 · 9 sections
- § 970 As used in this article: (a) “Fiscal year” means a year beginning on July 1 and ending on June 30 unless the local public entity has adopted a different fiscal…
- § 970.1 (a) A judgment is enforceable until 10 years after the time the judgment becomes final or, if the judgment is payable in installments, until 10 years after the…
- § 970.2 A local public entity shall pay any judgment in the manner provided in this article. A writ of mandate is an appropriate remedy to compel a local public entity…
- § 970.4 Except as provided in Section 970.6, the governing body of a local public entity shall pay, to the extent funds are available in the fiscal year in which it…
- § 970.5 Except as provided in Section 970.6, if a local public entity does not pay a judgment, with interest thereon, during the fiscal year in which it becomes final,…
- § 970.6 (a) The court which enters the judgment shall order that the governing body pay the judgment, with interest thereon, in not exceeding 10 equal annual…
- § 970.8 (a) Each local public entity shall in each fiscal year include in its budget a provision to provide funds in an amount sufficient to pay all judgments in…
- § 971 (a) As used in this section: (1) “Judgment resulting from a discretionary act” means a judgment arising from a liability which the local public entity has…
- § 971.2 (a) All judgments for which a local public entity is liable are legal investments for all trust funds, and for the funds of all insurance companies, banks…
ARTICLE 2. Funding Judgments With Bonds §§ 975–978.8 · 20 sections
- § 975 As used in this article: (a) “Board” means the governing body of a local taxing entity. (b) “Local taxing entity” means a local public entity that has the…
- § 975.2 Whenever the board deems it necessary for the local taxing entity to incur a bonded indebtedness to fund all or any portion of an outstanding judgment against…
- § 975.4 Notice of the hearing shall be given by publication of a copy of the resolution pursuant to Section 6066 in a newspaper of general circulation circulated…
- § 975.6 The copy of the resolution published or posted shall be accompanied by a notice subscribed by the clerk or secretary of the local taxing entity that: (a) The…
- § 975.8 At the time and place fixed for the hearing on the resolution or at any time and place to which the hearing is adjourned, the board shall proceed with the…
- § 976 After the board has made its determination pursuant to Section 975.8, if it deems it necessary to incur the bonded indebtedness, it shall by resolution state:…
- § 976.2 The resolution made pursuant to Section 976 shall constitute the notice of such election and such resolution shall be published pursuant to Section 6066 in a…
- § 976.4 The board shall provide for holding the election in the same manner as provided by law in respect to general elections of the local taxing entity so far as…
- § 976.6 Every elector authorized to vote in general elections of the local taxing entity may vote on the proposition to authorize the bonds.
- § 976.8 If two-thirds or more of the votes cast upon the proposition at the election are in favor of incurring the bonded indebtedness, the board may issue the bonds…
- § 977 The board shall prescribe the form of the bonds. The bonds may be issued in denominations not to exceed one thousand dollars ($1,000) and not less than one…
- § 977.2 The board may provide for the redemption of bonds issued under this article before maturity at prices determined by it. A bond shall not be subject to call or…
- § 977.4 The bonds shall be signed by the presiding officer of the board and countersigned by the clerk or secretary of the local taxing entity, and the coupons shall…
- § 977.6 The local taxing entity may sell the bonds at the times or in the manner the board deems to be to the public interest. The bonds shall be sold on sealed…
- § 977.8 An action to determine the validity of bonds may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil…
- § 978 Any bonds issued by any local taxing entity under the provisions of this article have the same force, value and use as bonds issued by any municipality and are…
- § 978.2 Bonds issued under this article constitute general obligations of the local taxing entity for the payment of both principal and interest of which all property…
- § 978.4 The proceeds from the sale of bonds issued pursuant to this article shall not be used for any purpose other than the purpose stated in the resolution…
- § 978.6 The board may by resolution adopted by two-thirds vote of all its members declare that no part of a described bond issue authorized under this article which…
- § 978.8 The authority provided in this article is in addition and supplementary to any other law authorizing public entities to issue bonds to fund an outstanding…