Revenue Bonds

Cal. PUC § 102531

California Statutes

The district is a local agency within the meaning of the Revenue Bond Law of 1941,

Chapter 6 (commencing with

Section 54300) of Part of Division of Title of the Government Code. The term “enterprise” as used in the Revenue Bond Law of shall, for all purposes of this part, include the system or any or all transit facilities, and all additions, extensions, and improvements thereto, and all other facilities authorized to be acquired, constructed, or completed by the district. Any revenues or other income, receipts, or amounts made available to the district, including, but not limited to, the proceeds of a transactions and use tax imposed under

Article 8 (commencing with

Section 102350) of

Chapter of Division or under any other provision of law, are deemed to be revenues of the enterprise for all purposes of the Revenue Bond Law of 1941. The district may issue revenue bonds under the Revenue Bond Law of 1941, for any one or more transit facilities authorized to be acquired, constructed, or completed by the district or, in the alternative, may issue revenue bonds under the Revenue Bond Law of 1941, for the acquisition, construction, and completion of any one of those transit facilities. Nothing in this

article shall prevent the district from availing itself of, or making use of, any procedure provided in this part for the issuance of bonds of any type or character for any of the transit facilities authorized hereunder, and all proceedings may be carried on simultaneously or, in the alternative, as the board may determine.

Document details

CollectionCalifornia Statutes
CitationCal. PUC § 102531
Date2012-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierPUC102531.20115372

Revenue Bonds

Cal. PUC § 102531

California Statutes

Revenue Bonds

Cal. PUC § 102531

California Statutes

The district is a local agency within the meaning of the Revenue Bond Law of 1941,

Chapter 6 (commencing with

Section 54300) of Part of Division of Title of the Government Code. The term “enterprise” as used in the Revenue Bond Law of shall, for all purposes of this part, include the system or any or all transit facilities, and all additions, extensions, and improvements thereto, and all other facilities authorized to be acquired, constructed, or completed by the district. Any revenues or other income, receipts, or amounts made available to the district, including, but not limited to, the proceeds of a transactions and use tax imposed under

Article 8 (commencing with

Section 102350) of

Chapter of Division or under any other provision of law, are deemed to be revenues of the enterprise for all purposes of the Revenue Bond Law of 1941. The district may issue revenue bonds under the Revenue Bond Law of 1941, for any one or more transit facilities authorized to be acquired, constructed, or completed by the district or, in the alternative, may issue revenue bonds under the Revenue Bond Law of 1941, for the acquisition, construction, and completion of any one of those transit facilities. Nothing in this

article shall prevent the district from availing itself of, or making use of, any procedure provided in this part for the issuance of bonds of any type or character for any of the transit facilities authorized hereunder, and all proceedings may be carried on simultaneously or, in the alternative, as the board may determine.

Document details

CollectionCalifornia Statutes
CitationCal. PUC § 102531
Date2012-01-01
Typestatute
Languageen
SourceCA_STAT
IdentifierPUC102531.20115372