ARTICLE 1. Definitions and General Provisions
Article 1 added by Stats. 1949, Ch. 81.
§§ 54300–54316 · 23 sections
- § 54300 This chapter may be cited as the Revenue Bond Law of 1941.
- § 54301 This chapter is full authority for the issuance of bonds and the acquisition, construction, or improvement of any enterprise pursuant to this chapter.
- § 54301.1 This chapter is intended to provide to any local agency heretofore or hereafter created or authorized to be created an alternate method of financing any…
- § 54302 The powers conferred by this chapter are in addition to, and the limitations imposed by this chapter do not affect, the powers conferred by any other law.
- § 54303 If this chapter is inconsistent with any other law, this chapter is controlling.
- § 54304 This chapter shall be liberally construed to promote its objects.
- § 54305 If the jurisdiction of the legislative body to order the proposed act is not affected, the defect or omission of any officer or any local agency in proceedings…
- § 54306 The terms defined in this article have the meanings set forth unless the context requires a different meaning.
- § 54307 “Local agency” means any city, county, city and county, or any municipal or public corporation or district which is authorized to acquire, construct, own, or…
- § 54307.1 “Local agency” also means any entity or agency created pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 for the purpose of…
- § 54307.2 “Local agency” also means any joint powers agency created pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 for the generating,…
- § 54307.3 “Local agency” also means any entity or agency created pursuant to Article 1 (commencing with Section 6500) of Chapter 5 of Division 7 of Title 1 for the…
- § 54307.4 Issuance of bonds for the construction of facilities for the generation, production, or transmission of electric energy by wind for lighting, heating, and…
- § 54308 “Law” includes the charter of a local agency.
- § 54309 “Enterprise” means a revenue-producing improvement, building, system, plant, works, facilities, or undertaking used for or useful for any of the following…
- § 54309.1 “Enterprise” includes, but is not limited to, all parts of the enterprise, all appurtenances to it, and: (a) Lands, easements, rights in land, water rights,…
- § 54310 “Enterprise” does not include, and this chapter does not authorize a local agency to borrow money and issue bonds for, systems, plants, works, or undertakings…
- § 54311 Subject to the limitations of Sections 54309 and 54310, in any resolution calling an election for the issuance of bonds for acquiring, constructing, improving,…
- § 54312 “Improve” means reconstruct, replace, extend, repair, better, equip, develop, embellish, or otherwise improve.
- § 54313 “Bonds” means bonds, notes, or other obligations issued by a local agency pursuant to this chapter and payable exclusively from revenues of an enterprise and…
- § 54314 “Charges” includes fees, tolls, rates, and rentals.
- § 54315 “Revenues” mean all charges received for, and all other income and receipts derived by the local agency from, the operation of the enterprise or arising from…
- § 54316 “Holder of bonds” or “bondholder” means: (a) The bearer of any outstanding bond registered to bearer or not registered. (b) The registered owner of an…