ARTICLE 2. Form and Terms of General Obligation Bonds
Article 2 added by Stats. 1957, Ch. 1056.
§§ 29169–29184 · 16 sections
- § 29169 Whenever three-fifths of the votes cast at any special bond election or on any proposition submitted thereat are in favor of incurring the indebtedness set…
- § 29170 Bonds may be issued in form payable to bearer, with coupons attached for payment of interest and, if so issued, may be made subject to registration. Bonds…
- § 29171 Coupon bonds may be issued in denominations of one thousand dollars ($1,000), or multiples thereof, as the district may determine. Coupon bonds of different…
- § 29172 Registered bonds may be issued without limitation as to principal amount, as may be determined by the district, except that registered bonds shall be in…
- § 29173 Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable semiannually, except that interest for the first year or any fraction thereof…
- § 29174 The district may provide for redemption of bonds prior to maturity, on such notice and at such time or times and with such redemption provisions, including…
- § 29175 The district may provide for the payment of the principal and interest of bonds at any place within the State of California, or at any other place within the…
- § 29176 Bonds shall bear dates prescribed by the district.
- § 29177 Bonds may be serial or sinking fund bonds, or in part serially and in part sinking fund bonds, with such maturities and in such amounts annually, semiannually…
- § 29178 No bond by its terms shall mature in more than fifty (50) years from its own date, and in the event any authorized issue is divided into two or more series or…
- § 29179 The district may divide any authorized issue into one or more series or division and fix different dates and different maturity dates for the bonds of each…
- § 29180 The district may prescribe the form of bonds issued pursuant to this chapter, and of the interest coupons attached to those bonds. Bonds shall be signed by the…
- § 29181 Pending the actual issuance or delivery of bonds, the district may issue temporary or interim bonds, certificates, or receipts, of any denomination whatsoever,…
- § 29182 The district may provide that interest on bonds may be paid out of the proceeds of the sale of the bonds during the actual construction of any project, for the…
- § 29183 The district shall provide for the payment of the principal of and interest on the bonds by the levy and collection of taxes upon all property in the district…
- § 29184 Any general obligation bonds which shall be issued under the provisions of this part shall be legal investment for all trust funds; for the funds of insurance…