Statute · California Government Code
Cal. Gov't Code § 59218 — Resolution of Intention
Cal. Gov't Code § 59218
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
The resolution shall state:
Citator
Cal. Gov't Code § 59218 — Resolution of Intention is in force in the current edition of the Code, and nothing recorded condemns it.
The resolution shall state:
(a) That it is proposed to issue bonds of the new district.
(b) The maximum amount for which and the character of the proposed new bonds.
(c) The maximum term of the bonds.
(d) The maximum rate of interest to be paid on them, not to exceed 7 percent a year.