California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 1. TRANSIT DISTRICTS IN COUNTIES OF ALAMEDA OR CONTRA COSTA |
Chapter 7. Bonds |
ARTICLE 7. Revenue Bonds |
Section 26351.
Latest version.
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As an alternative procedure for the raising of funds, a district created pursuant to this part is authorized to issue bonds, payable from revenues of any facility or enterprise to be acquired or constructed by a district, in the manner provided by the Revenue Bond Law of 1941 (Chapter 6 (commencing at Section 54300) of Part 1 of Division 2 of Title 5 of the Government Code), all of the provisions of which are applicable to a district created pursuant to this part.
(Added by Stats. 1959, Ch. 116.)