Title GOV, California Gov. Code

Bonds shall bear interest at a rate of not to exceed 8 percent per annum, payable annually or semiannually or in part annually and in part semiannually. Prior to the issuance of bonds the board may fix limitations or restrictions on the payment of interest. (Amended by Stats. 197…

Bonds may be callable upon such terms, conditions, and upon such notice as the board may determine, and upon the payment of the premium fixed by the board in the proceedings for the issuance of the bonds. No bond is subject to call or redemption prior to its fixed maturity date u…

The board may provide for the payment of the principal and interest of bonds at any place within or without the State of California, and in specified coin or currency of the United States. (Added by Stats. 1957, Ch. 2066.)

The board may provide for the execution and authentication of bonds by the manual, lithographed or printed facsimile signature of officers of the board. If any of the officers whose signatures or countersignatures appear upon the bonds or coupons cease to be officers before the d…

Bonds shall bear dates prescribed by the board. Bonds may be serial bonds or sinking fund bonds with such maturities as the board may determine. No bond by its terms shall mature in more than 50 years from its own date and in the event any authorized issue is divided into two or …

The board may fix terms and conditions for the sale or other disposition of any authorized issue of bonds. The board may sell bonds at less than their par or face value but no bond may be sold at a price below the par or face value thereof which would result in a sale price yield…

The board may provide for the security of bonds. (Added by Stats. 1957, Ch. 2066.)

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 acquisition, construction or completion of which the bonds have been issued, and for a period of not to exceed two (2) years thereafter as provided for…

The board may provide in the proceedings for the issuance of bonds that the bonds and the interest thereon constitute such lien upon the revenues of any project acquired, constructed or completed from the proceeds thereof as may be provided for in the indenture. (Added by Stats. …

Pending the actual issuance or delivery of revenue bonds, the board may issue temporary or interim bonds, certificates or receipts of any denominations whatsoever, and with or without coupons, to be exchanged for definitive bonds when ready for delivery. (Added by Stats. 1957, Ch…

All bonds, and the interest or income therefrom, are exempt from all taxation in this State other than gift, inheritance and estate taxes. (Added by Stats. 1957, Ch. 2066.)

The bonds issued under this chapter shall be subject to investigation and certification by the State Treasurer under the Districts Securities Law (Chapter 1 (commencing with Section 20000), Division 10, Water Code) as such law reads or is hereafter amended to read. If the State T…

The board may provide for the issuance, sale, or exhange of refunding bonds for the purpose of redeeming or retiring any revenue bonds issued by the board. All provisions of this chapter applicable to the issuance of revenue bonds are applicable to the funding or refunding bonds …

Funding or refunding bonds may be issued in a principal amount sufficient to provide funds for the payment of all bonds to be funded or refunded thereby, and in addition for the payment of all expenses incident to the calling, retiring or paying of such outstanding bonds, and the…

All bonds issued under the provisions of this chapter are negotiable instruments, except when registered in the name of a registered owner. (Added by Stats. 1957, Ch. 2066.)

An action to determine the validity of bonds may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure. (Amended by Stats. 1961, Ch. 1550.)

(a) There is created in the State Government the California Law Revision Commission. (b) Commencing January 1, 2020, there exists within the California Law Revision Commission the Committee on Revision of the Penal Code. (c) For purposes of this article, the following terms have …

(a) The commission consists of one Member of the Senate appointed by the Senate Committee on Rules, one Member of the Assembly appointed by the Speaker of the Assembly, and seven members appointed by the Governor with the advice and consent of the Senate. The Legislative Counsel …

(a) The Committee on Revision of the Penal Code consists of one Member of the Senate appointed by the Senate Committee on Rules, one Member of the Assembly appointed by the Speaker of the Assembly, and five members appointed by the Governor. (b) (1) The Members of the Legislature…

(a) The members of the commission and committee shall serve without compensation, except that each member appointed by the Governor shall receive one hundred dollars ($100) for each day’s attendance at a meeting of the commission or committee. (b) Each member of the commission an…

(a) The commission shall select one of its members chairperson. Five members constitute a quorum of the commission. (b) The Governor shall select one of the committee members to serve as chairperson. Three members constitute a quorum of the committee. (Amended by Stats. 2019, Ch.…

The commission may appoint an executive director and fix the director’s compensation, in accordance with law. (Amended by Stats. 2019, Ch. 25, Sec. 7. (SB 94) Effective June 27, 2019.)

The commission may employ and fix the compensation, in accordance with law, of such professional, clerical and other assistants as may be necessary. (Added by renumbering Section 10305 by Stats. 1984, Ch. 1335, Sec. 2.)

The material of the State Library shall be made available to the commission and the committee. All state agencies, and other official state organizations, and all persons connected therewith shall give the commission and committee full information, and reasonable assistance in an…

A local governmental entity may give the committee full information and reasonable assistance in any matters of research requiring recourse to them, or data within their knowledge or control. (Added by Stats. 2022, Ch. 48, Sec. 13. (SB 189) Effective June 30, 2022.)

The Board of Trustees of the State Bar shall assist the commission and the committee in any manner the commission or committee may request within the scope of its powers or duties. (Amended by Stats. 2019, Ch. 25, Sec. 9. (SB 94) Effective June 27, 2019.)

(a) No employee of the commission and no member appointed by the Governor shall, with respect to any proposed legislation concerning matters assigned to the commission for study pursuant to Section 8293, advocate the passage or defeat of the legislation by the Legislature or the …

The commission shall, within the limitations imposed by Section 8293: (a) Examine the common law and statutes of the state and judicial decisions for the purpose of discovering defects and anachronisms in the law and recommending needed reforms. (b) Receive and consider proposed …

The commission shall recommend the express repeal of all statutes repealed by implication, or held unconstitutional by the Supreme Court of the state or the Supreme Court of the United States. (Added by renumbering Section 10331 by Stats. 1984, Ch. 1335, Sec. 2.)

(a) The committee shall study and make recommendations on revision of the Penal Code to achieve all of the following objectives: (1) Simplify and rationalize the substance of criminal law. (2) Simplify and rationalize criminal procedures. (3) Establish alternatives to incarcerati…

(a) The Legislature finds and declares all of the following: (1) The terms “dependent adult” and “dependent person” are misleading because many of the people with disabilities that those terms cover live independently. These terms can mislead law enforcement officers, social work…

(a) The commission and the committee shall submit their reports, and their recommendations as to revision of the laws, to the Governor and the Legislature. (b) Notwithstanding Section 9795, the commission and the committee may provide a copy of a recommendation to each member of …

The commission and the committee may, within the limitations imposed by Section 8293, include in their reports the legislative measures proposed by them to effect the adoption or enactment of the proposed revision. The reports may be accompanied by exhibits of various changes, mo…

(a) The commission shall file a report at each regular session of the Legislature that shall contain a calendar of topics selected by it for study, including a list of the studies in progress and a list of topics intended for future consideration. The commission shall confine its…

The commission’s and committee’s reports, exhibits, and proposed legislative measures shall be printed by the State Printing Office under the supervision of the commission or committee, respectively. The exhibits shall be so printed as to show in the readiest manner the changes a…

The commission and the committee shall confer and cooperate with any legislative committee on revision of the law and may contract with any other committee for the rendition of service, by either for the other, in the work of revision. (Amended by Stats. 2019, Ch. 25, Sec. 16. (S…

The commission and the committee may cooperate with any bar association or other learned, professional, or scientific association, institution, or foundation in any manner suitable for the fulfillment of the purposes of this article. (Amended by Stats. 2019, Ch. 25, Sec. 17. (SB …

The commission may, with the approval of the Director of General Services, enter into, amend and terminate contracts with colleges, universities, schools of law or other research institutions, or with qualified individuals for the purposes of research. (Added by renumbering Secti…

The commission may study and recommend revisions to correct technical or minor substantive defects in the statutes of the state without a prior concurrent resolution of the Legislature referring the matter to it for study. (Added by Stats. 1989, Ch. 152, Sec. 1.)

This system shall be administered by the Board of Administration of the Public Employees’ Retirement System. The board shall administer this system in accordance with the provisions of the Public Employees’ Retirement Law to the same extent and with the same effect as if those pr…

The board may make such rules as it deems necessary and proper for the administration of this system. (Added by Stats. 1947, Ch. 879.)

The board shall determine who are members of this system and is the sole judge of the conditions under which persons may be admitted to and continue to receive benefits under this system. (Added by Stats. 1947, Ch. 879.)

From time to time the board shall determine the rate of interest being earned on the Legislators’ Retirement Fund, and shall credit all contributions of members and retired members with interest at the net earnings rate, compounded at each June 30th. (Amended by Stats. 1985, Ch. …

At the end of each fiscal year the board may credit to all contributions held in the fund at June 30th of the then current fiscal year, such interest in excess of the current rate as it deems proper in the light of the earnings on the fund during that fiscal year, but not more th…

Each member of this system shall file with the board any information affecting his or her status as a member as the board may require. (Amended by Stats. 2002, Ch. 664, Sec. 89. Effective January 1, 2003.)

The Chief Clerk of the Assembly shall give the board immediate written notice of the change in status of any legislative statutory officer elected by the Assembly or Member of the Assembly resulting from induction into office, resignation, expulsion, death, or any other circumsta…