Statute · California Health and Safety Code
Cal. Health & Safety Code § 34354 — Bonds
Cal. Health & Safety Code § 34354
- Type
- Statute
- Source
- California Health and Safety Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
By resolution, an authority may authorize the issuance of its bonds which may be taxable or nontaxable. The resolution, its trust indenture, or mortgage may provide for:
Citator
Cal. Health & Safety Code § 34354 — Bonds is in force in the current edition of the Code, and nothing recorded condemns it.
By resolution, an authority may authorize the issuance of its bonds which may be taxable or nontaxable. The resolution, its trust indenture, or mortgage may provide for:
(a) The issuance of bonds in one or more series.
(b) The date the bonds shall bear.
(c) The date of maturity, not exceeding 45 years from their respective dates.
(d) The interest rate, not exceeding 12 percent a year.
(e) The denomination of the bonds.
(f) The form of the bonds, either coupon or registered, as permitted by law.
(g) The conversion or registration privileges which the bonds shall carry.
(h) The rank or priority of the bonds.
(i) The manner of execution of the bonds.
(j) The medium of payment in which the bonds are payable.
(k) The place of payment.
( l) The terms of redemption, with or without premium.