Public-domain · open source
OpenJurist

Cal. Gov. Code § 54386

Authorization of Bonds

Known as the Revenue Bond Law

The act spans §§ 54300–54700 (157 sections).

Applied in 2 court decisions — leading case 45 Cal. 2d 729 - City of Oxnard v. Dale (1955)

Most recently applied in 269 Cal. App. 2d 567 - City of Los Angeles v. Layton (February 1969)

Added by Stats. 1949, Ch. 81.

The votes of a majority of all the voters voting on the proposition are required to authorize the issuance of the bonds.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.