BlackletterCalifornia law

CHAPTER 6. Bonds and Other Evidences of Indebtedness [120630. - 120702.]

Chapter 6 added by Stats. 1983, Ch. 599, Sec. 2.

§§ 120630–120702 · 14 sections

  1. ARTICLE 1. Revenue Bonds §§ 120630–120631 · 2 sections
    • § 120630 The board may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by, or on behalf of, the board, in the manner…
    • § 120631 The board is a local agency within the meaning of the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5 of…
  2. ARTICLE 2. Equipment Trust Certificates §§ 120650–120654 · 5 sections
    • § 120650 The board may purchase transit equipment such as cars, trolley buses, motorbuses, light rail vehicles, or rolling equipment, and may execute agreements,…
    • § 120651 The agreement to purchase or lease may direct the vendor or lessor to sell and assign or lease the rolling equipment to a bank or trust company duly authorized…
    • § 120652 The agreements and leases shall be duly acknowledged before a person authorized by law to take acknowledgments of deeds and in the form required for…
    • § 120653 The covenants, conditions, and provisions of the agreements, leases, and equipment trust certificates shall not conflict with any of the provisions of any…
    • § 120654 An executed copy of each agreement and lease shall be filed in the office of the Secretary of State, who shall be entitled to receive one dollar ($1) for each…
  3. ARTICLE 3. Improvement Acts and Special Benefit Districts §§ 120670–120671 · 2 sections
    • § 120670 The Improvement Act of 1911 (Division 7 (commencing with Section 5000) of the Streets and Highways Code), the Improvement Bond Act of 1915 (Division 10…
    • § 120671 Chapter 1 (commencing with Section 99000) of Part 11 of Division 10 is applicable to the board.
  4. ARTICLE 4. Temporary Borrowing §§ 120680–120681 · 2 sections
    • § 120680 The board may borrow money in accordance with Article 7 (commencing with Section 53820), Article 7.6 (commencing with Section 53850), or Article 7.7…
    • § 120681 The board may borrow money in anticipation of the sale of bonds which have been authorized to be issued, but which have not been sold and delivered, and may…
  5. ARTICLE 5. Miscellaneous §§ 120700–120702 · 3 sections
    • § 120700 The board may bring an action to determine the validity of any of its bonds, equipment trust certificates, warrants, notes, or other evidences of indebtedness…
    • § 120701 All bonds and other evidences of indebtedness issued by the board under this chapter, and the interest thereon, are free and exempt from all taxation within…
    • § 120702 Notwithstanding any other provisions of this division or any other law, the provisions of all ordinances, resolutions, and other proceedings in the issuance by…