Statute · California Government Code

Cal. Gov't Code § 6547.5 — Power to Issue Revenue Bonds

Cal. Gov't Code § 6547.5

Type
Statute
Source
California Government Code
Jurisdiction
California
Date
1985-09-23
Current through
Nov 2, 2026 (California Legislative Counsel)

A joint powers entity created pursuant to this chapter may issue revenue bonds pursuant to this article upon authorization by ordinance of only those individual parties to the joint powers agreement which contract to make payments to be applied to the payment of the revenue bonds, provided that…

Citator

Cal. Gov't Code § 6547.5 — Power to Issue Revenue Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

A joint powers entity created pursuant to this chapter may issue revenue bonds pursuant to this article upon authorization by ordinance of only those individual parties to the joint powers agreement which contract to make payments to be applied to the payment of the revenue bonds, provided that the nonparticipating parties to the agreement incur no financial obligations under the issuance.