California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 11. TRANSIT DEVELOPMENT BOARDS |
Chapter 6. Bonds and Other Evidences of Indebtedness |
ARTICLE 1. Revenue Bonds |
Section 120630.
Latest version.
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The board may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by, or on behalf of, the board, in the manner provided by the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5 of the Government Code), and all of the provisions of that law are applicable to the board.
(Amended by Stats. 2005, Ch. 557, Sec. 30. Effective October 5, 2005.)