Bonds
Known as the Resort Improvement District Law
The act spans §§ 13000–13233 (105 sections).
Added by Stats. 1961, Ch. 2069.
If two-thirds of the vote cast at the election are in favor of incurring the indebtedness, the board may by resolution, at the time or times it deems proper, provide for the following:
(a) The form of the bonds.
(b) The execution of the bonds.
(c) The issuance of any part 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.