The total amount of bonds which may be outstanding at any one time under this division shall not exceed six hundred fifty million dollars ($650,000,000). Bonds for which moneys or securities in amounts necessary to pay or redeem the principal, interest, and any redemption premium thereon have been deposited in trust shall not be deemed outstanding for purposes of this section.
Cal. Pub. Res. Code § 32100
General
Known as the California Urban Waterfront Area Restoration Financing Authority Act
The act spans §§ 32000–32208 (64 sections).
Added by Stats. 1983, Ch. 1264, 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.