ARTICLE 2. Authorization and Issuance of Bonds

Article 2 added by Stats. 1978, Ch. 1274.

§§ 481–481.5 · 6 sections

• § 481 Revenue bonds may be issued by the department at such times and in such amounts as do not exceed seventy-five million dollars ($75,000,000) for home loans,…
• § 481.1 Whenever the department determines that revenue bonds should be issued, it shall adopt a resolution of issuance, which shall be executed for the department by…
• § 481.2 Revenue bonds shall be issued in the name of the department and as the obligation of the department, but neither the principal of, nor the interest on, any…
• § 481.3 All revenue bonds shall bear the facsimile signature of the Adjutant General and the Deputy Adjutant General and shall be authenticated by the trustee. The…
• § 481.4 The validity of the authorization and issuance of any revenue bonds shall not be dependent on or affected by the validity or regularity of any proceedings…
• § 481.5 Reference on the face of any revenue bonds to a resolution of issuance by its date of adoption, or the apparent date on the face thereof, shall be sufficient…