ARTICLE 11. General Obligation Bonds

Article 11 added by Stats. 2001, Ch. 15, Sec. 4.

§§ 5790–5790.17 · 10 sections

• § 5790 (a) Whenever a board of directors determines that it is necessary to incur a general obligation bonded indebtedness for the acquisition or improvement of real…
• § 5790.1 The resolution shall state: (a) The purpose for which the proposed debt is to be incurred, which may include expenses for the authorization, issuance, and sale…
• § 5790.3 (a) The election shall be conducted pursuant to the Uniform District Election Law, Part 4 (commencing with Section 10500) of Division 10 of the Elections Code.…
• § 5790.5 (a) The board of directors may provide for the issuance of bonds in any amounts, in any series, and on any terms, provided that they do not exceed the limits…
• § 5790.7 (a) Before selling the bonds, the board of directors shall give notice inviting sealed bids. At a minimum, the board of directors shall publish notice at least…
• § 5790.9 Any general obligation bonds issued by a district shall have the same force, value, and use as bonds issued by a city and the bonds and interest on the bonds…
• § 5790.11 (a) All premiums and accrued interest received from the sale of the bonds shall be deposited with the treasurer in a special bond service fund to be used for…
• § 5790.13 For any bond approved by the voters on or after January 1, 2001, the treasurer shall file the annual report required pursuant to Article 1.5 (commencing with…
• § 5790.15 (a) After incurring a general obligation indebtedness, and annually thereafter until the indebtedness is paid or until there is a sum in the district treasury…
• § 5790.17 If a district dissolves after incurring a general obligation indebtedness, the property in the territory that constituted the district at the time of its…