California Public Resources Code 5096.956 – The bonds authorized by this chapter shall be prepared, executed, …
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The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law, and all of the provisions of that law apply to the bonds and to this chapter and are hereby incorporated in this chapter as though set forth in full in this chapter.
(Added by Stats. 2006, Ch. 33, Sec. 1. Approved in Proposition 1E at the November 7, 2006, election.)
Terms Used In California Public Resources Code 5096.956
- 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.