The legislative body may, by majority vote, initiate proceedings to issue bonds pursuant to this chapter by adopting a resolution stating its intent to issue those bonds.
Cal. Gov. Code § 53387
Senior Obligation Bonds
Known as the Community Rehabilitation District Law
The act spans §§ 53370–53394 (42 sections).
Added by Stats. 1985, Ch. 906, Sec. 1.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.