US Lawyer Database

Section 53553.

53553. When the legislative body determines to issue refunding bonds pursuant to this article, it shall adopt a resolution providing for the issuance of such bonds. Such resolution shall: (a) Describe the bonds being refunded; and the date on which it is anticipated that the exchange, purchase or call and redemption necessary to effect the refunding […]

Section 53521.

53521. Whenever by any law of this state a local agency is required to give notice by posting or publication of a hearing on the formation of a local agency or an improvement district, zone, special assessment district or special taxing district within a local agency, or on the consolidation or dissolution of such local […]

Section 53554.

53554. Such refunding bonds shall: (a) Be negotiable in form; (b) Recite that they are bonds of the local agency issuing the bonds; (c) Recite that they are issued pursuant to the provisions of this article; (d) Be executed in the name of the local agency; and (e) Be signed by the president or chairman of the legislative body of […]

Section 53507.

53507. As used in this article, the following terms shall have the meanings assigned to them in this section. (a) “Bonds” means bonds, notes, warrants, or other evidence of indebtedness payable, both principal and interest, from the proceeds of ad valorem taxes that may be levied without limitation as to rate or amount upon property subject […]

Section 53507.5.

53507.5. (a) The legislative body may, by resolution, provide for the issuance of bonds pursuant to this article. (b) The resolution shall state that the bonds are being issued pursuant to this article. (Added by Stats. 1993, Ch. 841, Sec. 1. Effective January 1, 1994.)

Section 53508.

53508. The resolution authorizing any bonds or any issue of bonds may provide for any of the following: (a) The form of the bonds to be issued as serial bonds, or sinking fund bonds, with serial or term maturities, or any combination thereof. (b) The number of series in which the bonds are to be issued. (c) The […]

Section 53508.3.

53508.3. (a) No bond shall be subject to mandatory tender for purchase or redemption prior to its fixed maturity date unless it contains a recital to that effect. (b) Any bond protected by its terms or by the terms of this section from mandatory tender for purchase or redemption prior to its fixed maturity date or for […]

Section 53508.5.

53508.5. Notwithstanding any other law and except as provided in Section 53508.6, a school district or community college district that intends to issue bonds that allow for the compounding of interest, including, but not limited to, capital appreciation bonds, pursuant to this article shall comply with the requirements of Sections 15143, 15144, 15144.1, and 15144.2, […]

Section 53508.6.

53508.6. Notwithstanding any other law, a school district or community college district may, pursuant to this article, issue bonds that do not allow for the compounding of interest and that have a maturity greater than 30 years, but not greater than 40 years, if the school district or community college district does both of the […]

Section 53508.7.

53508.7. (a) The bonds shall be sold at a public or private sale and at a price at, above, or below par, as the legislative body determines. (b) Any bonds sold at a discount below the par value of the bonds shall be sold in compliance with the provisions of Section 53532. (c) The private sale of bonds […]