PART 10.7. BOND ANTICIPATION NOTES [8745. - 8746.4.]
Part 10.7 added by Stats. 1984, Ch. 1298, Sec. 15.
§§ 8745–8746.4 · 8 sections
- § 8745 The legislative body may, by resolution, borrow money in anticipation of the sale of bonds which have been authorized pursuant to this division, but which have…
- § 8745.2 The principal and interest on the bond anticipation notes may be paid from any money available for their payment. Any portion of the principal or interest…
- § 8745.4 The proceeds of bond anticipation notes issued pursuant to this part may be used for any purpose for which the bonds in anticipation of which the notes were…
- § 8745.6 The bond anticipation notes shall not be issued in any amount in excess of the aggregate amount of bonds which the legislative body has been authorized to…
- § 8745.8 The legislative body may provide, in its resolution authorizing the issuance of bond anticipation notes, that the note shall be subject to call and redemption…
- § 8746 The bond anticipation notes may be issued and sold in the same manner as the bonds.
- § 8746.2 The bond anticipation notes and the resolution authorizing them may contain any provisions, conditions, or limitations which a resolution of the legislative…
- § 8746.4 The legislative body shall provide a remedy in its resolution authorizing the issuance of bond anticipation notes if the anticipated bonds cannot be sold at…