Title GOV, California Gov. Code

The bonds shall be sold at the times, in the amounts, and in the manner prescribed by the board, but for not less than par. (Added by Stats. 1947, Ch. 424.)

At its option the board may use the following form of bond: “No. _________ $ _________ United States of America County of ________ State of California The County of ____, State of California, hereby acknowledges itself indebted and promises to pay the bearer hereof, on the ____ d…

The interest coupon may be in the following form: “The County of ____, State of California, hereby promises to pay to the holder hereof, on the ____ day of ____, 19___, at ____ in ____, $____ in lawful money of the United States, for interest on its county bond, No. ______. _____…

All premiums and accrued interest received shall be placed in the fund to be used for the payment of principal of and interest on the bonds, and the remainder of the proceeds of the bonds shall be placed in the treasury to the credit of the proper improvement fund and applied exc…

At the time of making the next general tax levy after incurring the bonded indebtedness, and annually thereafter until all of the bonds are paid or until there is a sum in the treasury set apart for that purpose sufficient to meet all principal and interest on the bonds, the boar…

The tax for interest and redemption of bonds shall be in addition to all other taxes, and shall not be less than sufficient to pay the interest on the bonds and such portion of the principal, if any, as is to become due before the time for making the next general tax levy. It sha…

When collected the tax shall be paid into the treasury of the county and used solely to pay the interest and principal of the bonds as they become due. (Added by Stats. 1947, Ch. 424.)

(a) Prior to the issuance by a county of bonds pursuant to this chapter, the board may elect, by resolution, to guarantee payment on outstanding bonds of the county issued pursuant to this chapter in accordance with the following: (1) A county that elects to participate under thi…

If the board fails to make the levy necessary to pay the bond or interest coupons at maturity and any bond or interest coupon is presented to the treasurer and payment is refused, the owner may file the bond, together with all unpaid coupons, with the State Controller, taking his…

The tax shall be levied and collected as a part of the state tax and paid into the State Treasury and passed to the special credit of the county as a bond tax. (Added by Stats. 1947, Ch. 424.)

The payments shall be made, as they mature, by warrants to the holder of the registered obligations, as shown by the register in the office of the State Controller, until the obligations are fully satisfied and discharged, and any balance then remaining shall be passed to the gen…

If any officer whose signature, counter-signature, or attestation appears on any county bond or coupon ceases to be such officer before the delivery of the bonds to the purchasers, the signature, counter-signature, or attestation appearing either on the bonds or the coupons, or o…

The board may contract a bonded indebtedness for county purposes only as provided in this chapter. (Added by Stats. 1947, Ch. 424.)

When the board of supervisors deems it in the best interests of the county, it may authorize the county treasurer, upon such terms and conditions as may be fixed by the board of supervisors, to issue notes, on a competitive-bid basis, maturing within a period not to exceed one ye…

This chapter may be cited as the Revenue Bond Law of 1941. (Amended by Stats. 1953, Ch. 526.)

This chapter is full authority for the issuance of bonds and the acquisition, construction, or improvement of any enterprise pursuant to this chapter. (Added by Stats. 1949, Ch. 81.)

This chapter is intended to provide to any local agency heretofore or hereafter created or authorized to be created an alternate method of financing any enterprise (as said term is hereinafter defined), unless the issuance of bonds as defined in Section 54313 is specifically proh…

The powers conferred by this chapter are in addition to, and the limitations imposed by this chapter do not affect, the powers conferred by any other law. (Added by Stats. 1949, Ch. 81.)

If this chapter is inconsistent with any other law, this chapter is controlling. (Added by Stats. 1949, Ch. 81.)

This chapter shall be liberally construed to promote its objects. (Added by Stats. 1949, Ch. 81.)

If the jurisdiction of the legislative body to order the proposed act is not affected, the defect or omission of any officer or any local agency in proceedings under this chapter does not invalidate the proceedings or bonds issued under this chapter. (Added by Stats. 1949, Ch. 81…

The terms defined in this article have the meanings set forth unless the context requires a different meaning. (Added by Stats. 1949, Ch. 81.)

“Local agency” means any city, county, city and county, or any municipal or public corporation or district which is authorized to acquire, construct, own, or operate any enterprise as defined in Section 54309. (Amended by Stats. 1979, Ch. 373.)

“Local agency” also means any entity or agency created pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 for the purpose of acquiring, constructing, maintaining, or operating an enterprise for the collection, treatment, or disposal of sewage, waste, or…

“Local agency” also means any joint powers agency created pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 for the generating, producing, or transmitting of electric energy for lighting, heating, and power for public or private uses. In lieu of holdin…

“Local agency” also means any entity or agency created pursuant to Article 1 (commencing with Section 6500) of Chapter 5 of Division 7 of Title 1 for the purpose of acquiring, constructing, maintaining, or operating systems, plants, buildings, works or other facilities or propert…

Issuance of bonds for the construction of facilities for the generation, production, or transmission of electric energy by wind for lighting, heating, and power for public or private uses, shall not be subject to the election procedures of Article 3 (commencing with Section 54380…

“Law” includes the charter of a local agency. (Added by Stats. 1949, Ch. 81.)

“Enterprise” means a revenue-producing improvement, building, system, plant, works, facilities, or undertaking used for or useful for any of the following purposes: (a) The obtaining, conserving, treating and supplying of water for domestic use, irrigation, sanitation, industrial…

“Enterprise” includes, but is not limited to, all parts of the enterprise, all appurtenances to it, and: (a) Lands, easements, rights in land, water rights, contract rights, and franchises; (b) Approaches, dams, reservoirs, trunk, connecting, and other water mains, filtration wor…

“Enterprise” does not include, and this chapter does not authorize a local agency to borrow money and issue bonds for, systems, plants, works, or undertakings for: (a) The distribution of electric energy for lighting, heating, and power for public or private uses. (b) The generat…

Subject to the limitations of Sections 54309 and 54310, in any resolution calling an election for the issuance of bonds for acquiring, constructing, improving, or financing any enterprise, the legislative body may define “enterprise” and that definition applies to the bonds autho…

“Improve” means reconstruct, replace, extend, repair, better, equip, develop, embellish, or otherwise improve. (Added by Stats. 1949, Ch. 81.)

“Bonds” means bonds, notes, or other obligations issued by a local agency pursuant to this chapter and payable exclusively from revenues of an enterprise and from any or all of the other funds referred to in Section 54478 upon which the bonds, notes, or other obligations are to b…

“Charges” includes fees, tolls, rates, and rentals. (Added by Stats. 1949, Ch. 81.)

“Revenues” mean all charges received for, and all other income and receipts derived by the local agency from, the operation of the enterprise or arising from the enterprise. Revenues include revenue deposited in a sinking, redemption, or reserve fund or other fund to secure the b…

“Holder of bonds” or “bondholder” means: (a) The bearer of any outstanding bond registered to bearer or not registered. (b) The registered owner of an outstanding bond registered other than to bearer at the time. (Added by Stats. 1949, Ch. 81.)

At any time not later than 35 days after the conclusion of the hearing, the commission shall adopt a resolution making determinations approving or disapproving the proposal, with or without conditions, the plan of reorganization, or any alternative plan of reorganization as set f…

The resolution making determinations shall also do all of the following: (a) Make any of the findings or determinations authorized or required pursuant to Section 56375. (b) For any proposal initiated by the commission pursuant to subdivision (a) of Section 56375, make both of th…

(a) The executive officer shall transmit a copy of the resolution adopted by the commission making determinations addressed to each of the following persons or entities: (1) The proponents, if any, where the proceedings for change of organization were initiated by petition. (2) E…

The executive officer may, before the completion of a proceeding, on good cause being shown, correct clerical errors or mistakes made through inadvertence, surprise, or excusable neglect that may be contained in the resolution adopted by the commission making determinations, upon…

(a) Except as otherwise provided in subdivision (b), if the commission wholly disapproves any proposal: (1) No further proceedings shall be taken on that proposal. (2) No similar proposal involving the same or substantially the same territory shall be initiated for one year after…

(a) This chapter shall be known, and may be cited, as the Small Business Financial Assistance Act of 2013. (b) Notwithstanding any other provision of this division, this chapter shall not apply to any other activities, powers, and duties of the bank under any of the other chapter…

The Legislature finds all of the following: (a) Small businesses form the core of the California economy and that it is in the interest of the state to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access t…

Subdivided real property may be reverted to acreage pursuant to the provisions of this article. (Added by Stats. 1974, Ch. 1536.)

(a) Proceedings for reversion to acreage may be initiated by the legislative body on its own motion or by petition of all of the owners of record of the real property within the subdivision. (b) Nothing in this chapter prohibits a landowner, local agency, or renewable energy corp…