Statute · California Code of Civil Procedure

Cal. Civ. Proc. Code § 870.5 — Validating Proceedings

Cal. Civ. Proc. Code § 870.5

Type
Statute
Source
California Code of Civil Procedure
Jurisdiction
California
Date
1999-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

Any local public agency that pledges sales or retail transaction and use tax revenues received from taxes imposed by another public agency for bond payments or payment of other security obligations shall, in any validation action it files involving those bonds or other obligations, provide…

Citator

Cal. Civ. Proc. Code § 870.5 — Validating Proceedings is in force in the current edition of the Code, and nothing recorded condemns it.

Any local public agency that pledges sales or retail transaction and use tax revenues received from taxes imposed by another public agency for bond payments or payment of other security obligations shall, in any validation action it files involving those bonds or other obligations, provide written notice thereof to the public agency imposing the taxes pledged as security for the bonds or other obligations at the time it files the validation action.