ARTICLE 11. Provisions Applicable to All Refunding Bonds of All Local Agencies
Article 11 added by Stats. 1975, Ch. 897.
§§ 53580–53589.5 · 14 sections
- § 53580 The following terms shall have the following meanings: (a) The term “local agency” means public district, public corporation, authority, agency, board,…
- § 53581 Notwithstanding the provisions of any other law, the provisions of this article shall apply to all refunding bonds of any local agency, regardless of the…
- § 53582 The proceedings of any local agency authorizing the issuance of bonds shall not require the deposit of any more moneys, obligations, and federal securities as…
- § 53583 (a) Any local agency may issue bonds pursuant to this article or any revenue bond law under which the local agency is otherwise authorized to issue bonds for…
- § 53583.5 If the original bonds to be refunded under this article were issued under Section 33760, 34312, or 52080 of the Health and Safety Code, the refunding bonds…
- § 53584 The proceeds of refunding bonds may be applied to the purchase, retirement at maturity, or redemption of the bonds to be refunded either at their earliest…
- § 53584.1 In issuing refunding bonds to honor warrants to school districts, community college districts, and other local agencies in settlement of bankruptcy, the Board…
- § 53585 A local agency that issues refunding bonds may obtain insurance or other credit enhancement of the refunding bonds or of the escrow referred to in Section…
- § 53585.1 (a) In issuing refunding bonds to honor warrants to school districts, community college districts, and other local agencies in settlement of bankruptcy, the…
- § 53586 Notwithstanding Section 53583, the outstanding bonds of the project areas of the redevelopment agency of the City of San Bernardino, which were merged into one…
- § 53587 In determining the amount of refunding bonds to be issued, the local agency may include all costs of issuing the refunding bonds and of refunding the bonds to…
- § 53588 The issuance, transfer, and interest income earned on any bonds issued by a local agency under this article is exempt from taxation of every kind by any state…
- § 53589 This article provides a complete, additional, and alternative method for doing the things authorized by this article and shall be regarded as supplemental and…
- § 53589.5 An action may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure to determine the validity of…