US Lawyer Database

Section 26470.

26470. The holder of any bond issued pursuant to this chapter may by mandamus or other appropriate proceeding, require and compel the performance of any of the duties imposed upon the board or its officers, agents or employees in connection with the acquisition, construction, operation, maintenance, repair, reconstruction or insurance of any project or the […]

Section 26471.

26471. While any revenue bonds issued by the board remain outstanding, the powers and duties of the board shall not be diminished or impaired in any manner that will adversely affect the interest and rights of the holders of the bonds. (Added by Stats. 1947, Ch. 822.)

Section 26475.

26475. The board may accept contributions or appropriations from the United States of America, the State of California, or any department or agency of either thereof, or from any city, city and county, political subdivision, agency, district or other public corporation of this State. (Added by Stats. 1947, Ch. 822.)

Section 26476.

26476. The board may enter into any contract, arrangement or agreement with the State or any other municipal corporation or public agency and may cooperate with the State or any other municipal corporation or public agency for the development, maintenance, operation or use of any project or the services or facilities thereof authorized by this […]

Section 26446.

26446. The board may provide in the proceedings for the issuance of bonds that the bonds and the interest thereon constitute such lien upon the revenues of any project acquired, constructed or completed from the proceeds thereof as may be provided for in the indenture. (Added by Stats. 1947, Ch. 822.)

Section 26431.

26431. An indenture may include a clause designating the rights, limitations, powers and duties arising upon breach by the board of any of the covenants, conditions, or obligations contained in any indenture. (Added by Stats. 1947, Ch. 822.)

Section 26447.

26447. Pending the actual issuance or delivery of revenue bonds, the board may issue temporary or interim bonds, certificates or receipts of any denominations whatsoever, and with or without coupons, to be exchanged for definitive bonds when ready for delivery. (Added by Stats. 1947, Ch. 822.)

Section 26432.

26432. An indenture may include a clause prescribing a procedure by which the terms and conditions of the indenture may be subsequently amended or modified with the consent of the board and the vote or written assent of the holders of a specified principal amount of the bonds issued and outstanding. Such clause may provide […]

Section 26448.

26448. All bonds, and the interest or income therefrom, are exempt from all taxation in this State other than gift, inheritance and estate taxes. (Added by Stats. 1947, Ch. 822.)

Section 26433.

26433. The indenture may include a clause providing for such other acts and matters as may be necessary or convenient or desirable in order to secure the bonds or to make the bonds more marketable. (Added by Stats. 1947, Ch. 822.)