371 chapters · 7,566 sections in this title.
Pub. Util. Code § 100606 Section 100606
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(a) The bonds issued pursuant to this chapter shall bear interest at a rate or rates not exceeding 12 percent per annum, payable semiannually, except that the first interest payable on the bonds or any series thereof may be for any period not to exceed one year as determined by t…
Pub. Util. Code § 100607 Section 100607
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The bonds issued pursuant to this chapter may be sold as the board determines by resolution. The board may sell the bonds at a price below par. If the board determines by resolution that the bonds shall be sold by competitive bid, the board, before selling the bonds, or any part …
Pub. Util. Code § 100608 Section 100608
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Delivery of any bonds issued under this chapter may be made at any place either inside or outside the state, and the purchase price may be received in cash or bank credits. (Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
Pub. Util. Code § 100609 Section 100609
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(a) All accrued interest and premiums received on the sale of bonds issued by the VTA pursuant to this chapter shall be placed in the fund to be used for the payment of principal of, and interest on, those bonds. The remainder of the proceeds received on the sale of the bonds sha…