The purpose of this chapter is to provide a procedure which may be adopted by other acts for use with whatever modifications are necessary in authorizing the issuance and sale of state general obligation bonds and providing for the repayment of such bonds. This chapter does not itself authorize the issuance or sale of any bonds.
Cal. Gov. Code § 16721
General
Known as the State General Obligation Bond Law
The act spans §§ 16720 to 16787 (51 sections).
Added by Stats. 1953, Ch. 1698.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.