ARTICLE 7. Indebtedness

Article 7 added by Stats. 1964, 1st Ex. Sess., Ch. 62.

§§ 30700–30706 · 9 sections

• § 30700 The district may issue any bonds, borrow money and incur indebtedness as authorized by law or in this part provided.
• § 30701 The district may accept contributions or loans from the United States, or any department, instrumentality, or agency thereof, for the purpose of financing the…
• § 30702 The district may cooperate with and enter into agreements with the State of California or any public agency for the acquisition, construction, development,…
• § 30703 The district may accept contributions or loans from the State of California or any public agency, for the purpose of planning, acquiring, constructing,…
• § 30703.1 The district may make an irrevocable pledge or contract in connection with the payment of the principal and the interest, sinking or reserve funds, or other…
• § 30703.2 To the extent permitted by the law governing the source of any transit funds, appropriations, contributions, grants or loans received pursuant to this article…
• § 30704 The district shall not incur an indebtedness which exceeds in the aggregate 15 percent of the assessed value of all real and personal property in the district.…
• § 30705 The district may also refund any indebtedness as provided in this part or in any other applicable law. The board may provide for the issuance, sale or exchange…
• § 30706 Unless the context otherwise requires, the definitions of the following terms shall apply to indebtedness under this part: (a) “Any bond” or “any bonded…