California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT |
Chapter 4. Transportation Development |
ARTICLE 7. Limited Obligation Bonds |
Section 99340.
Latest version.
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The transportation planning agency may provide for 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 the lien of additional bonds.
(Added by Stats. 1971, Ch. 1400.)