ARTICLE 5u. Veterans’ Bond Act of 1990
Article 5u added by Stats. 1990, Ch. 573, Sec. 1.
§§ 998.098–998.112 · 15 sections
- § 998.098 This article may be cited as the Veterans’ Bond Act of 1990.
- § 998.099 (a) The State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code), except as…
- § 998.100 As used herein, the following words have the following meanings: (a) “Bond” means veterans’ bond, a state general obligation bond, issued pursuant to this…
- § 998.101 For the purpose of creating a fund to provide farm and home aid for veterans in accordance with the Veterans’ Farm and Home Purchase Act of 1974 (Article 3.1…
- § 998.102 (a) All bonds authorized by this article, when duly sold and delivered as provided herein, constitute valid and legally binding general obligations of the…
- § 998.103 There is hereby appropriated from the General Fund, for purposes of this article, a sum of money that will equal both of the following: (a) That sum annually…
- § 998.104 For purposes of this article, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of a sum of money not to exceed…
- § 998.105 The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the…
- § 998.106 Upon request of the board, supported by a statement of its plans and projects approved by the Governor, the committee shall determine whether to issue any…
- § 998.107 (a) So long as bonds authorized under this article are outstanding, the Secretary of Veterans Affairs shall, at the close of each fiscal year, require a survey…
- § 998.108 The committee may authorize the Treasurer to sell all or any part of the bonds authorized by this article at the time or times fixed by the Treasurer. Whenever…
- § 998.109 Out of the first money realized from the sale of bonds as provided herein, there shall be redeposited in the General Obligation Bond Expense Revolving Fund,…
- § 998.110 Any bonds issued and sold pursuant to this article may be refunded in accordance with Article 6 (commencing with Section 16780) of Chapter 4 of Part 3 of…
- § 998.111 Notwithstanding any provision of the bond act, if the Treasurer sells bonds under this article for which bond counsel has issued an opinion to the effect that…
- § 998.112 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this article are not “proceeds of taxes” as that…