A district may acquire and improve land, facilities, or equipment and issue securitized limited obligation notes pursuant to Article 7.4 (commencing with Section 53835) of Chapter 4 of Part 1 of Division 2 of Title 5.
Cal. Gov. Code § 61130
Capital Financing
Known as the Community Services District Law
The act spans §§ 61000–61250 (87 sections).
Added by Stats. 2005, Ch. 249, Sec. 3
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.