California Law (Last Updated: March 4, 2014) |
Government Code - GOV |
Title 5. LOCAL AGENCIES |
Division 1. CITIES AND COUNTIES |
Part 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES |
Chapter 3. Bonds |
ARTICLE 4. Limited Obligation Bonds |
Section 50667.3.
Latest version.
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The legislative body may provide limitations on:
(a) The purpose to which the proceeds of sale of any issue of bonds may be applied.
(b) The issuance of additional bonds for the same purpose and on the lien of additional bonds.
(Added by Stats. 1985, Ch. 320, Sec. 2.)