CHAPTER 17. Revenue Bonds [25400. - 25410.]

Chapter 17 added by Stats. 1943, Ch. 284.

§§ 25400–25410 · 11 sections

• § 25400 The board of directors of the district may cause revenue bonds to be issued upon the security of the anticipated unpaid installments of any levies made upon…
• § 25401 All revenue bonds shall be payable out of a fund of the district designated “Joint Highway District No. ____ of the State of California Revenue Bond Fund” and…
• § 25402 The board of directors shall prescribe the denominations of the revenue bonds which shall mature serially in convenient amounts not necessarily equal. Revenue…
• § 25403 Revenue bonds shall be in substantially the following form (filling in blanks as appropriate): REVENUE BOND Joint Highway District No.______ of the State of…
• § 25404 Revenue bonds shall be dated as of the date of the resolution or order of the board of directors authorizing their issuance. The board of directors may use any…
• § 25405 Any number of series of revenue bonds may be issued under this part for any portion of a single or different projects in the district.
• § 25406 All revenue bonds shall be signed by the treasurer of the district, attested by the secretary of the board of directors thereof and shall have the official…
• § 25407 The principal and interest of all revenue bonds shall be payable in lawful money of the United States of America at the office of the treasurer of the district…
• § 25408 The revenue bonds shall be issued and sold by the board of directors at such times and manner and in such amounts as may be required to meet the demands of the…
• § 25409 The board of directors shall levy a tax annually within the district sufficient to meet the principal and interest of all outstanding revenue bonds coming due…
• § 25410 The treasurer of the district shall annually determine the amount of money necessary to be raised for the payment of principal and interest coming due each…