§ 50665.1 As used in this article:(a) “Local agency” means any county, …
§ 50665.2 Limited obligation bonds may be issued for the acquisition, …
§ 50665.3 In determining the amount of bonds to be issued, the legislative body …
§ 50665.4 Proceedings are initiated when the legislative body passes an …
§ 50665.5 For all local agencies, the initiating resolution shall recite each …
§ 50665.6 The initiating resolution shall be published once in a newspaper of …
§ 50665.7 The bonds and the resolution providing for their issuance shall state …
§ 50665.8 The proposition for incurring a bonded debt shall be submitted to the …
§ 50665.9 A proposition to be submitted to the voters of a local agency for …
§ 50665.10 v2 Except as otherwise provided in the initiating resolution, any …
§ 50665.11 When two or more propositions for incurring indebtedness are …
§ 50665.12 If two-thirds of the voters voting on a proposition initiated …
§ 50665.13 The bonds shall bear interest at a rate or rates not exceeding the …
§ 50665.14 The bonds are special obligations of the local agency and shall be a …
§ 50666 By resolution, the legislative body may pledge, place a charge upon, …
§ 50666.1 The payment of interest on and principal of the bonds and any …
§ 50666.2 The revenues and any interest earned on the revenues constitute a …
§ 50666.3 So long as any bonds or interest thereon are unpaid following their …
§ 50666.4 If the interest and principal of the bonds and all charges to protect …
§ 50666.5 Bonds of the same issue shall be equally secured by a pledge, charge, …
§ 50666.6 The general fund of a local agency is not liable for the payment of …
§ 50666.7 The general credit or taxing power of the local agency, other than …
§ 50666.8 The holder of the bonds shall not compel the exercise of the taxing …
§ 50666.9 The principal of, and interest on, the bonds and any premiums upon …
§ 50667 Every bond shall recite in substance that the principal of, and …
§ 50667.1 The bonds and, any interest on, or income from, the bonds are exempt …
§ 50667.2 In the resolution authorizing the bonds, the legislative body may …
§ 50667.3 The legislative body may provide limitations on:(a) The purpose …
§ 50667.4 The legislative body may provide for events of default and terms upon …
§ 50667.5 The legislative body may provide for the rights, liabilities, powers, …
§ 50667.6 The legislative body may provide for the vesting in a trustee of the …
§ 50667.7 The legislative body may provide for the terms upon which the …
§ 50667.8 The legislative body may provide in the resolution authorizing …
§ 50667.9 Any resolution containing a procedure specified in Section 50667.8 …
§ 50668 The resolution shall specifically state the effect of amendment upon …
§ 50668.1 The legislative body may provide for any other acts and things …
§ 50668.2 The local agency shall pay or cause to be paid the principal and …
§ 50668.3 A separate, distinct, and special fund shall be created at or before …
§ 50668.4 All pledged revenue shall be deposited in the special fund and …
§ 50668.5 The local agency shall preserve and protect the security of the bonds …
§ 50668.6 In order to fully preserve and protect the priority and security of …
§ 50668.7 The local agency shall hold in trust the revenues pledged to the …
§ 50668.8 The local agency may invest funds held in reserve, or in any sinking …
§ 50668.9 The local agency shall keep proper books of record and accounts of …
§ 50669 At all times, the books shall be subject to the inspection of the …
§ 50669.1 The local agency shall cause to be published a summary statement …
§ 50669.2 The statement shall be published annually, not more than 120 days …
§ 50669.3 In the resolution authorizing the bonds, the local agency may agree …
§ 50669.4 The duties set forth in this article do not require the local agency …
§ 50669.5 A fiscal or paying agent may be appointed as now, or hereafter, …
§ 50669.6 A validating proceeding may be conducted as now, or hereafter, …
§ 50669.7 Bondholders shall have the remedies as now, or hereafter, provided in …
§ 50669.8 The bonds may be refunded in the manner now, or hereafter, provided …
§ 50670 All bonds issued in pursuance of the provisions of this article shall …
§ 50670.1 Any action, suit, or proceeding of any kind or nature in which the …
§ 50670.3 This article provides an alternative authority and procedure for the …
§ 50670.4 This article and all of its provisions shall be liberally construed …

Terms Used In California Codes > Government Code > Title 5 > Division 1 > Part 1 > Chapter 3 > Article 4 - Limited Obligation Bonds

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Arrest: Taking physical custody of a person by lawful authority.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Bailiff: a court officer who enforces the rules of behavior in courtrooms.
  • board: means any entity listed in Section 101, the entities referred to in Sections 1000 and 3600, the State Bar, the Department of Real Estate, and any other state agency that issues a license, certificate, or registration authorizing a person to engage in a business or profession. See California Business and Professions Code 31
  • bureau: means the Bureau of Security and Investigative Services. See California Business and Professions Code 7512.4
  • chief: means the Chief of the Bureau of Security and Investigative Services. See California Business and Professions Code 7512.5
  • City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • County: includes city and county. See California Government Code 19
  • County: includes city and county. See California Business and Professions Code 17
  • County: includes city and county. See California Food and Agricultural Code 29
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Department: means the Department of Food and Agriculture. See California Food and Agricultural Code 32
  • director: means the Director of Consumer Affairs, unless the context indicates otherwise. See California Business and Professions Code 7512.1
  • Donee: The recipient of a gift.
  • Donor: The person who makes a gift.
  • employee: means an individual who works for an employer, is listed on the employer's payroll records, and is under the employer's direction and control. See California Business and Professions Code 7512.11
  • employer: means a person who employs an individual for wages or salary, lists the individual on the employer's payroll records, and withholds all legally required deductions and contributions. See California Business and Professions Code 7512.10 v2
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Ex officio: Literally, by virtue of one's office.
  • firearm permit: includes "firearms permit" "firearms qualification card" "firearms qualification" and "firearms qualification permit. See California Business and Professions Code 7512.13
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fraud: Intentional deception resulting in injury to another.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Indictment: The formal charge issued by a grand jury stating that there is enough evidence that the defendant committed the crime to justify having a trial; it is used primarily for felonies.
  • Initiating resolution: means a resolution by which a legislative body determines that public interest or necessity demands the issuance of bonds. See California Government Code 50665.1
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Legislative body: means the city council in the case of a city, and the board of supervisors in the case of a county. See California Government Code 50665.1
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • license: means license, certificate, registration, or other means to engage in a business or profession regulated by this code or referred to in Section 1000 or 3600. See California Business and Professions Code 23.7
  • licensee: means a person licensed under this chapter. See California Business and Professions Code 7512.6
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • livestock: includes domestic fowls and rabbits. See California Food and Agricultural Code 30651
  • Local agency: means any county, city, or city and county, including a chartered city, or special district, including a school district. See California Government Code 50665.1
  • manager: means an individual designated under an operating agreement of a manager-managed limited liability company who is responsible for performing the management functions for the limited liability company specified in subdivision (c) of §. See California Business and Professions Code 7512.15
  • member: means an individual who is a member of a limited liability company as specified in §. See California Business and Professions Code 7512.14
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means any individual, partnership, association, corporation, limited liability company, or any organized group of persons whether incorporated or not. See California Food and Agricultural Code 38
  • person: includes any individual, firm, company, limited liability company, association, organization, partnership, and corporation. See California Business and Professions Code 7512.3
  • Personal property: All property that is not real property.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Pledged revenue: means a specified annual dollar amount from a specified source or combination of sources of revenue, which the legislative body of a local agency, in a resolution providing for the issuance of limited obligation bonds, has designated and pledged as security for the bonds in accordance with Section 50665. See California Government Code 50665.1
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Probable cause: A reasonable ground for belief that the offender violated a specific law.
  • Probation: A sentencing alternative to imprisonment in which the court releases convicted defendants under supervision as long as certain conditions are observed.
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Public defender: Represent defendants who can't afford an attorney in criminal matters.
  • qualified manager: means the individual under whose direction, control, charge, or management the business of a licensee is operated as specified in Section 7536. See California Business and Professions Code 7512.7
  • Quorum: The number of legislators that must be present to do business.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Resolution: means a resolution by which a legislative body authorizes the issuance, sale, and delivery of bonds. See California Government Code 50665.1
  • Revenues: include the proceeds of ad valorem taxes on real property levied by, or allocated to, the local agency, and the proceeds of sales and use taxes. See California Government Code 50665.1
  • Secretary: means the Secretary of Food and Agriculture. See California Food and Agricultural Code 35
  • Sell: includes offer for sale, expose for sale, possess for sale, exchange, barter, or trade. See California Food and Agricultural Code 44
  • Spouse: includes "registered domestic partner" as required by §. See California Business and Professions Code 14.2
  • State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18
  • State: means the State of California, unless applied to the different parts of the United States. See California Business and Professions Code 21
  • Subdivision: means a subdivision of the section in which that term occurs, unless some other section is expressly mentioned. See California Business and Professions Code 15
  • Subdivision: means a subdivision of the section in which that term occurs unless some other section is expressly mentioned. See California Food and Agricultural Code 49
  • Subdivision: means a subdivision of the section in which the term occurs unless some other section is expressly mentioned. See California Government Code 10
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Trustee: A person or institution holding and administering property in trust.
  • Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
  • Verdict: The decision of a petit jury or a judge.