As an alternative procedure for the raising of funds, the district is authorized to issue bonds, payable from revenues of any facility or enterprise to be acquired or constructed by a district, 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), all of the provisions of which are applicable to a district created pursuant to this part.
Cal. Pub. Util. Code § 90720
Revenue Bonds
Known as the San Diego County Transit District Act
The act spans §§ 90000–93017 (221 sections).
Added by Stats. 1965, Ch. 2039.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.