The board may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by, or on behalf of, the board, in the manner provided by the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5 of the Government Code), and all of the provisions of that law are applicable to the board.
Cal. Pub. Util. Code § 120630
Revenue Bonds
Known as the Mills-Deddeh Transit Development Act
The act spans §§ 120000 to 120702 (105 sections).
Amended by Stats. 2005, Ch. 557, Sec. 30
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.