Section 5870.
5870. As used in this chapter, the following definitions apply: (a) “Conduit financing” means the issuance of conduit revenue bonds. (b) “Conduit financing provider” means any county, city, city and county, public district, public authority, public corporation, nonprofit corporation, joint powers authority, or other statutorily constituted public entity that issues one or more conduit revenue bonds. (c) “Conduit […]
Section 5871.
5871. A conduit financing provider shall make the following information available on its Internet Web site, to the extent that it maintains an Internet Web site: (a) Agendas for regular meetings posted by a conduit financing provider pursuant to Section 54954.2. (b) Notices of special meetings posted by a conduit financing provider pursuant to Section 54956. (c) Notices […]
Section 5872.
5872. (a) When an audit of a conduit financing provider’s accounts and records is required by law, in addition to any other requirements, the audit shall include all of the following: (1) A disclosure of fees imposed on borrowers by, or on behalf of, the conduit financing provider. (2) A disclosure of expenditures related to those fees made […]
Section 5900.
5900. The Legislature finds and declares all of the following: (a) The ability of the state and local governments to issue bonds is essential to their ability to finance public improvements and other projects and programs which serve important public purposes and have major social and economic consequences to the people of California. (b) The exemption of […]
Section 5901.
5901. It is the intent of the Legislature that state and local governments be provided with the powers and flexibility necessary and appropriate for them to access the market for bonds which bear interest subject to federal income taxation. (Added by Stats. 1986, Ch. 1389, Sec. 1. Effective September 30, 1986.)
Section 5805.
5805. As used in this chapter, “securities” means any bonds, notes, warrants or other evidences of indebtedness and the interest coupons, if any, attached thereto, issued or proposed to be issued in an aggregate principal amount of five hundred thousand dollars ($500,000) or more by any issuer to finance a public project. (Added by Stats. […]
Section 5902.
5902. As used in this chapter, the following words and terms shall have the following meanings, unless the context otherwise indicates or requires another or different meaning or intent: (a) “Bonds” means bonds, notes, warrants, bond anticipation notes, commercial paper, or other evidences of indebtedness, or lease, installment purchase, or other agreements or certificates of participation […]
Section 5806.
5806. As used in this chapter, “public project” means any land, structure, facility or equipment or other personal property, the acquisition, construction or completion of which is to be financed by securities of an issuer if any of the payments of principal of and interest on such securities is to be paid by such issuer […]
Section 5903.
5903. If, prior to issuing any bonds, the legislative body determines that the interest payable on the bonds to be issued by the state or local government will be subject to federal income taxation under the law in existence on the date of issuance or pending on the date of issuance with an effective date […]
Section 5807.
5807. As used in this chapter, “public leaseback” means any lease by a public body of all or any part of a public project where the lease is between such public body as lessee and an issuer as lessor and the lease is executed before the public project is acquired, constructed or completed. (Added by […]