The consolidated agency may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by the consolidated agency, 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 consolidated agency.
Cal. Pub. Util. Code § 132370
Bonds, Equipment, and Leases
Known as the San Diego Regional Transportation Consolidation Act
The act spans §§ 132350–132372 (63 sections).
Added by Stats. 2002, Ch. 743, Sec. 4
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.