“Bonds” as used in this chapter means any bonds or other evidences of indebtedness the principal and interest of which are payable or may be paid from ad valorem taxes or assessments levied by or on behalf of a public body.
Cal. Gov. Code § 5401
Tax or Assessment Levy for Unsold Bonds
Added by Stats. 1955, Ch. 333.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.