ARTICLE 3. Bonds and Notes
Article 3 added by Stats. 1981, Ch. 1092, Sec. 1.
§§ 54702.1–54702.15 · 15 sections
- § 54702.1 (a) A local agency may, from time to time, issue its bonds for the purpose of financing construction of rental housing for employees. In anticipation of the…
- § 54702.2 In determining the amount of bonds to be issued, the local agency may include all costs of the issuance of such bonds, bond reserve funds, and bond interest.
- § 54702.3 The bonds may be issued as serial bonds or as term bonds, or the local agency, in its discretion, may issue bonds of both types. The bonds shall be authorized…
- § 54702.4 Any resolution or resolutions authorizing any bonds or any issue of bonds may contain provisions respecting any of the following terms and conditions, which…
- § 54702.5 No member of the legislative body nor any person executing the bonds shall be liable personally on the bonds or be subject to any personal liability or…
- § 54702.6 The local agency may purchase its bonds from any source of funds available therefor. The local agency may hold, pledge, cancel, or resell such bonds, subject…
- § 54702.7 In the discretion of the local agency, any bonds issued under the provisions of this chapter may be secured by a trust agreement by and between the local…
- § 54702.8 Any holder of bonds issued under the provisions of this chapter or any of the coupons appertaining thereto, and the trustee or trustees appointed pursuant to…
- § 54702.9 Any local agency may provide for the issuance of bonds of the city for the purpose of refunding any bonds of the local agency then outstanding, including the…
- § 54702.10 Notwithstanding any other provision of law, revenue bonds issued pursuant to this chapter shall be legal investments for all trust funds, insurance companies,…
- § 54702.11 The exercise of the powers granted by this chapter shall be in all respects for the benefit of the people of this state and for their health and welfare. Any…
- § 54702.12 If the jurisdiction of the local agency to order a proposed act is not affected, an omission of any officer or the local agency in proceedings under this…
- § 54702.13 This chapter is full authority for the issuance of bonds by a local agency for the purpose of financing construction of rental housing for employees.
- § 54702.14 This chapter shall be deemed to provide a complete, additional, and alternative method for doing the things authorized thereby, and shall be regarded as…
- § 54702.15 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…